If you're lending money to family members, the IRS requires you to use Applicable Federal Rates (AFR) to avoid tax implications.

Loan Payment Calculator

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Loan Amount

Common amounts: $25K (auto loan), $100K (home improvement), $250K+ (mortgage)

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Interest Rate (Annual)

Enter your interest rate - typical rates: 3-7% (mortgages), 4-12% (auto), 6-36% (personal)

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Loan Term (years)

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Typical terms: 2-7 years (auto), 5-10 years (personal), 15-30 years (mortgage)

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Payment Frequency

Monthly payments are most common and spread costs evenly throughout the year

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Loan Payment Results

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Loan Calculator