Refrigerator Financing Calculator

What will you actually pay per month for that fridge?

Standard amortization math: enter price, term, and APR — see your monthly payment, total cost, and how much of that is interest. 0% APR is fully supported.

⏱ ~30 sec•Standard amortization formula•Energy & Cost

P×r(1+r)ⁿ

Standard amortization

÷ ((1+r)ⁿ − 1)

Promo APR supported

Equal monthly split

12–60

Months supported

Common terms

Live

Updates as you type

No submit button

STEP 01

Price.
Term. APR.

Standard amortization math — same formula every lender uses.

Refrigerator price

Include tax + delivery if financed

Financing term

APR

Enter 0 for promo 0% APR offers

Updates live as you type

Monthly payment

Updated live

$48.39/mo

36 payments at 9.99% APR — total interest is 16.1% of price.

Total cost

$1,742.17

Total interest

$242.17

Under the hood

The same formula every lender uses.

Standard amortization is the math behind every fixed-payment loan — banks, retailers, and credit cards alike. We just expose it directly.

01
Convert APR to a monthly rate
Monthly rate r = APR ÷ 100 ÷ 12. A 9.99% APR becomes 0.008325 per month.
02
Apply the amortization formula
Monthly payment = P × r(1+r)ⁿ / ((1+r)ⁿ − 1), where P = principal and n = months.
03
Total interest = total cost − principal
Multiply monthly payment by months to get total cost; subtract the original price to isolate the interest you'll actually pay.

Questions

Frequently asked

The standard amortization formula: monthly payment = P × r(1+r)ⁿ / ((1+r)ⁿ − 1), where P is the principal, r is the monthly rate (APR ÷ 12), and n is the number of months.