For instructions, scroll to the bottom of the page.

To see the mathematics of calculating a loan, click here.

Do not use dollar signs, per cent signs or commas in the input boxes.
Click the "CALCULATE" button again if the loan is longer than 5 Years
Monthly Payment >>>>>

INSTRUCTIONS

Input the amount, years and interest rate of the loan.
Interest rate should be entered as follows: a rate of 10½ %, for example, would be entered as 10.5 and with no percentage sign.
Click the “CALCULATE” button and the first 60 payments (5 years) will be displayed.
Clicking the “CALCULATE” button again will show the next 60 payments and so on until you reach the end of the loan.

If you have another set of numbers to input, please click the “CLEAR” button, enter the new numbers, click “CALCULATE”, and so on.

If you want to see payments summarized by year, please go to:

Yearly Display