Loan Calculator with Amortization
This calculator will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. Once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out. You may need to press CTRL-P to print the report once it appears in the pop-up window.
Note: Other than decimal points, do not enter any other non-numeric characters.
1.
How much are you looking to borrow?
$
2.
What is the loan's annual interest rate?
%
3.
What is the term of the loan in years?
yrs
4. This is your monthly payment.
$
Longer term loans may take a few moments for the report to be generated.