Investopedia’s simple loan calculator will help you understand what your potential monthly payment would be and what you need to know before taking out a loan.
Calculate the monthly payment for a loan using our simple loan calculator by entering the principal, interest rate, and term below. Simple AdvancedLoan Amount: $ Interest Rate: % find rate Loan Term: Monthly Payment: $97.83 Total Interest: $869.85 Total Payments: $5,869.85 This ...
Calculate the ideal interest rate on your loan. See how much you would pay in principal and interest. You can select "show" to see a timetable of how your monthly payments of principal and interest will reduce your balance until your loan is repaid. Use the "add extra payments" feature ...
For this example, let’s enter a fairly aggressive 36 months for the goal payoff period on that same $10,000 loan at 7% APR. Then hit the calculate button. The Loan Payoff Calculator will display two results: Monthly payment: $308.77 Interest paid: $1,115.72 You can also use this ca...
A business loan can open a lot of doors for your business. Think new equipment, day-to-day operation costs, and expansion. But will you be able to make the payments? With this business loan calculator, you'll know: How much your monthly payment will be How much you'll pay in total...
Nov 13, 2024 Before youget a loan, it’s important to know how much debt you can take on. Our simplified loan payment calculator can help you determine what your monthly payment could be including the principal amount and interest charges. To use the calculator, input the principal balance...
Use our amortization schedule calculator to estimate your monthly loan repayments, interest rate, and payoff date on a mortgage or other type of loan.
Use the calculator below to calculate your monthly home equity payment. You can adjust loan amount, interest rate, and the home equity term to view the impact on the monthly payment amount. The calculator also provides an amortization table to show the amount of principal and interest payments ...
Car payment is $441.57 per month. * indicates required. Car financing:Press spacebar to hide inputs Loan amount: $18,440 Calculate for: Payment Price ?Total purchase price (before tax):*Enter an amount between $0.00 and $5,000,000.00 $0 $1k $10k $100k ?Monthly payment: ?Term in mo...
A monthly payment calculator estimates the amount you'll pay every month on a new home loan or refinance. Our calculator compares the monthly payment amounts and loan term options you might qualify for if you apply for a home equity loan or mortgage refinance from Discover® Home Loans. As...