Loan Calculator – Easy Project Tools

Description:

Loan Calculator is a broadly useful advance adding machine that understands for a month to month advance installment and makes a point by point amortization plan with date based installments. Furthermore, your guests can see a lot of graphs so they can envision the expense of credit.





	

	
	


		
		
			Loan Calculator		

		
			Loan Amount?:
			
				
			
		


		
			Number of Months?:
			
				
			
		


		
			Annual Interest Rate?:
			
				
			
		


		
			Payment Method?:
			
				
			
		

		

		
			Monthly Payment:
			
				
			
		

		
			Total Interest:
			
				
			
		

		
			Total P & I:
			
				
			
		

		


		
		
			
				
				
				
				
			
			
				
				
			
		

		
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			Loan Calculator Help...
			

			Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
			The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
			The term (duration) of the loan is expressed as a number of months.
			
				 60 months =  5 years
				120 months = 10 years
				180 months = 15 years
				240 months = 20 years
				360 months = 30 years
			
			Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://financial-calculators.com/loan-calculator
		
	













	
	
		
			
				
					Currency and Date Conventions
					
				
				
					
						


	





	


						
					
					All calculators will remember your choice. You may also
						change it at any
						time.
					
					Clicking
						"Save changes" will cause the calculator to reload. Your
						edits will be
						lost.