Loan Calculator

Back to Calculators | Loan Calculator - Definitions

Enter the monthly payment and the loan amount will be calculated or enter the loan amount and the monthly payment will be calculated. You can view a graph of the principal balance after each payment or of the amount of interest and principal within each payment. Click the "View Report" button to see an amortization schedule for the loan.

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

Get the Java™ Plug-in!

For more information about this Plug-in please visit: SUN's Java™ Plug-in
For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

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.

NOTE: These calculators are made available to you as self-help tools for your independent use and are not intended to provide financial advice. We cannot guarantee their applicability or accuracy with regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes only.