Enhanced Loan Calculator

Use this calculator to look at a variety of possible loans. Use the slider controls to change your monthly payment, loan amount, interest rate or term. Press the report button to see an complete amortization schedule, either by month or by year.

This Financial Calculator requires a Browser with Java Support

Definitions

Balance
Total amount of your loan.
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.
Payment
Monthly payment for this loan.

Term
Number of years for this loan.


Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.