Loan Calculator

Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.
Loan Amount Months Years
Loan Term
in months
120 10
Interest Rate 180 15
240 20
Monthly Payment $    

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments of Principal and Interest only, 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.