Personal Loan Calculator
Loan Amount
Please enter a valid positive number.
Annual Interest Rate (%)
Please enter a valid interest rate.
Loan Term (months)
Please enter a valid number of months.
Calculate
Results
Monthly Payment
$0.00
Total Interest
$0.00
Total Payment
$0.00
Formula:
Monthly Payment = P * (r * (1 + r)^n) / ((1 + r)^n - 1) where P = loan amount, r = monthly interest rate, n = number of months.