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Use this loan calculator to determine your monthly payment for any loan. You can also see how your loan amortizes, or how much is paid down, over the payoff period.
Calculate interest, principal, rate or time using the simple interest formula I=Prt. Calculator for a simple interest loan or investment with no compounding.
It takes into account your desired loan amount, repayment term and potential interest rate. You’ll be able to view an estimated monthly payment, as well as the amortization schedule, which provides a breakdown of the principal and interest you may pay each month.
The loan payment calculator is a handy tool to compute the required monthly (or any other frequency) payments after taking a loan requiring equal payments. For example, you can estimate your car payment or mortgage installments.
Borrowers seeking loans can calculate the actual interest paid to lenders based on their advertised rates by using the Interest Calculator. For more information about or to do calculations involving APR, please visit the APR Calculator.
Calculate the interest accrued on your savings or loan for any number of years, months, weeks or days
A personal loan calculator shows your monthly personal loan payments based on the loan amount, interest rate and repayment term.