Loan Calculator
A loan is a contract between a borrower and a lender in which the borrower receives an amount of money (principal) that they are obligated to pay back in the future. Most loans can be categorized into one of three categories:
- Amortized Loan: Fixed payments paid periodically until loan maturity
- Deferred Payment Loan: Single lump sum paid at loan maturity
- Bond: Predetermined lump sum paid at loan maturity (the face or par value of a bond)
Modify the values and click the Calculate button to use
Amortized Loan: Paying Back a Fixed Amount Periodically
Use this calculator for basic calculations of common loan types such as mortgages, auto loans, student loans, or personal loans, or click the links for more detail on each.
years
months
Results:
Payment Every Month:
$11,110.21
Total of 120 Payments:
$133,224.60
Total Interest:
$33,224.60
Interest Rate Chart:
Total Interest: 25%
Principal: 75%
Deferred Payment Loan: Paying Back a Lump Sum Due at Maturity
years
months
Amount Due at Loan Maturity:
$179,084.77