METHOD
How it is calculated
Payment = P × i / (1 − (1+i)^(−n)); at zero interest, payment = P/n. i is the monthly rate.
% Loans and personal finance
Loan repayment calculator
Calculate equal monthly payments and inspect an amortization schedule.
01
Your inputs
Starting values are an example. Replace them with your own.
Your inputs stay in your browser.
02
Your result
Enter your details and run the calculation.
TRACEABLE