Loan Calculator

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

Description Data Entry
 Loan Amount
 Loan Length in Months
 Interest Rate
 Monthly Payment Calculated

Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.

Amortization Schedule

Enter loan amount, interest rate and term in months and click the Calculate button.

Loan Amount
Interest Rate (APR)
Term (months)