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This is a very simple loan payment calculator. Enter the loan amount, interest rate, and length of the loan into this calculator and it will show you the monthly payment amount.

Input Fields:
Title A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.
Loan Amount The amount you plan to borrow.
Interest Rate The annual percentage rate you will pay for this loan.
Length of Loan How long you will pay on this loan. Also choose whether 'Length of Loan' is years or months.

Output Fields:
Monthly Payment Principal + Interest + Additional Principal (where applicable) to be paid each month.

Buttons and Checkboxes:
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All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Loan calculators are not intended to provide financial advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. Users are advised to seek personalized advice from qualified professionals regarding all personal finance issues.
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Updated 04 Jul 2007