Amortizing Loan Calculator

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By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

Financial Calculators from
Dinkytown.net

Monthly loan payment is $457.52 for 60 payments at 13.24%.

*indicates required.

Loan inputs:

Calculate:

Calculate

Payment

Amount

Loan amount:*This entry is required.Enter an amount between $0 and $100,000,000

Monthly payment:

Interest rate:*This entry is required.Enter an amount between 0% and 36%

Term in months:*This entry is required.Enter an amount between 1 and 480

Total interest paid:

$7,451.42

Total payments:

$27,451.42

Balances for a $20,000.00 loan Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Balances for a $20,000.00 loan

Total Principal and Interest by Payment Stacked Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Total Principal and Interest by Payment

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.

Before you get a loan, find out how much you need and when you'll pay it off.

Loan inputs:

Loan amount

Monthly payment

Interest rate

Term in months

Balances for a $20,000.00 loan

Total Principal and Interest by Payment

Definitions

Monthly payment

Term in months

Loan amount

Interest rate

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