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Calculate Your Estimated Monthly Payment

How the Calculator Works

This simple loan calculator can help you see how different interest rates, loan terms and loan amounts can impact a monthly payment.

To get started, enter the amount you intend to take out as a loan. For example, if you plan to spend $14,000 on a car purchase and apply a $4,000 down payment, you’ll take out a $10,000 auto loan.

Then, you can plug in how many months you want the loan to last (the term) and apply an interest rate.

Now, you can adjust your settings to see how different loan terms or loan amounts could impact your monthly payment. 


  • Loan Amount: The total amount of money borrowed.
  • Loan Term: The amount of time the borrower has to pay off the amount of money borrowed. In general, the shorter the loan term on a fixed-rate installment loan, the greater the monthly payment and the lower the amount paid in interest over the life of the loan.
  • Interest Rate: The rate at which interest will accrue on the loan balance.
  • Estimated Monthly Payment: The estimated monthly payment only reflects principal and interest payments. The amount may not take into account other costs, including those that may be rolled into a loan (e.g., taxes, title and registration fees; GAP fees; closing costs) or those costs typically included in escrow payments associated with real estate loans (e.g., taxes, flood insurance, and hazard insurance).

Types of Loans at Navy Federal

Auto Loans

Competitive auto financing rates for military personnel, veterans and their families.

Learn about our new and used auto loans

Mortgage Loans

Explore competitive home loan rates and learn more about available options for making your dream home a reality. Plus, you’ll find specialized calculators to help you configure your loan.

Learn about our mortgage options

Home Equity Loans

Use your home’s equity to help you pay for life’s big expenses.

Learn about home equity loans and lines of credit

Student Loan Refinancing

If you want to lower your rate or monthly payments on your student loans, Navy Federal education refinance loans could help.

Learn more about borrowing for your education 

Personal Loans

A personal loan can be a great way to consolidate debt, finance home improvements or cover unexpected expenses.

Learn more about personal expense and home improvement loans


This content is intended to provide general information and shouldn't be considered legal, tax or financial advice. It's always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation.