Calculators - Loan Amortization Calculator
Use this calculator to estimate payments or loan amounts. 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, and total interest paid.
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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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