Get a Amortizing Loan Calculator branded for your website! Colorful, interactive, simply The Best Financial Calculators!
Enter your desired payment - and the tool will calculate your loan amount. Or, enter the loan amount and the tool will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid.
Amortizing Loan Calculator 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.