Loan payment calculator

Understand monthly payments with clear assumptions.

Formula

Payment = P * r / (1 - (1 + r)^-n)

P Total loan principal.

r Monthly interest rate.

n Total number of payments.

Capture the loan balance and currency.

Currency Loan amount Total amount borrowed from the lender.

Enter the annual interest rate and payoff timeline.

APR (%) Annual percentage rate charged by the lender. Years Total repayment duration.

Review your inputs and generate the monthly payment.

This calculator is for educational purposes only and not financial advice.