Loan Calculator


Loan Amount:
Loan Period:
Annual Interest:		%
Payment Amount:
Payment Frequency:
		Show Amortization Schedule
Date of First Payment:		(yyyy-mm-dd)

This loan calculator can be used to calculate any of the four loan variables:

Loan Amount (amount borrowed)
Loan Period (term of the loan )
Annual Interest (interest rate as a percentage)
Payment Amount (amount of each payment)

Enter values in three of the fields, and set the unknown field to 0. When you press the "Calculate" button, the results will be displayed for the unknown value.

Loan Period may be Years or Months.

You can change the Payment Frequency to match your loan schedule (weekly, monthly, etc.).

For an amortization schedule, check the box and enter the the first payment date. Interest expense by calendar year will be computed based on this date.