Amortizing Loan Calculator

Enter your desired payment and number of payments, select a payment frequency of Weekly, Bi-weekly or Monthly - and the tool will calculate your payment. Or, enter in the payment and the tool will calculate your loan amount. You can then examine your principal balances by payment, total of all payments made, and total interest paid.
By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.
Monthly loan payment is $457.52 for 60 payments at 13.24%.
*indicates required.
Calculate:
Calculate
Total interest paid:
$7,451.42
Total payments:
$27,451.42
Balances for a $20,000.00 loan Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.
Total Principal and Interest by Payment Stacked Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.


Copyright © Dynamic Funds. All rights reserved.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.