Simple Loan Payment Calculator

Loan Amount
Interest Rate %
Length of Loan

Monthly Payment $423.96

All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Loan calculators are not intended to provide financial advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. Users are advised to seek personalized advice from qualified professionals regarding all personal finance issues.
Related Calculators
Show Additional Fields
Hide Additional Fields
A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.
The amount you plan to borrow.
The annual percentage rate you will pay for this loan.
How long you will pay on this loan. Also choose whether 'Length of Loan' is years or months.
Principal + Interest + Additional Principal (where applicable) to be paid each month.
LoanAmount * (Rate / 12) / (1 - (1 + (Rate / 12))-Months)
$423.96 = $20,000.00 * (0.0990 / 12) / (1 - (1 + (0.0990 / 12))-60)