Home Improvement Loan Calculator

Estimate the monthly payment and total cost of a home improvement or renovation loan.

Your details

Loan amount$APR%Term (years)7

115

Monthly payment

$402.23

Total interest: $8,787.06
Total cost: $33,787.06

Principal vs interest

Principal: $25,000.0074%
Interest: $8,787.0626%

Monthly payment$402.23

Formula

Standard amortization: M = P·r(1+r)^n / ((1+r)^n − 1).

Sources & methodology

•CFPB — consumer loans — CFPB

Last updated: 2026-07-20

Also on your phone

Numveo for Android

200+ financial calculators — mortgage, loans, taxes, retirement. Fast, private, and fully offline.

GET IT ONGoogle Play

Learn more

How to Finance Home Improvements: Loan vs HELOC vs Cash-OutCompare ways to pay for a renovation: personal home-improvement loan, HELOC, home-equity loan, and cash-out refinance — with the trade-offs of each.

Embed this calculator⌄

Paste this into your page — it works with no key and computes in the visitor's browser. The short credit line links back to Numveo; please keep it.

<iframe src="https://numveo.com/embed/home-improvement-loan-calculator" width="100%" height="640" style="border:0" loading="lazy" title="Home Improvement Loan Calculator"></iframe>
<p style="font:13px/1.5 system-ui,sans-serif;color:#52514e;margin:6px 0"><a href="https://numveo.com/loans/home-improvement-loan-calculator" target="_blank" rel="noopener">Home Improvement Loan Calculator</a> by <a href="https://numveo.com" target="_blank" rel="noopener">Numveo</a></p>