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Amortizing Loan Calculator

Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule.

Loan Calculator Results

Your payment is MONTHLY_PAYMENT for a LOAN_AMOUNT loan.

**GRAPH**

Your LOAN_AMOUNT loan has a payment of MONTHLY_PAYMENT per month for TERM months. If you make all of your payments on this loan, and do not prepay any of the principal, the total interest for this loan is INTEREST_PAID.

Loan summary
Monthly paymentMONTHLY_PAYMENT
Loan amountLOAN_AMOUNT
Interest rateINTEREST_RATE
TermTERM months
Total of paymentsTOTAL_OF_PAYMENTS
Total interest paidINTEREST_PAID

Payment schedule

**REPEATING GROUP**



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This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

    You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

    For more information about this Plug-in please visit: SUN's Java™ Plug-in
    For more information about these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Definitions

Monthly payment

Monthly payment for this loan.

Term in months

Number of months for this loan.

Loan amount

Total amount of your loan.

Interest rate

Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.

   
 
 

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