Loan Interest Calculator

Please enter a valid positive number.
Please enter a valid positive number.
Please enter a valid positive number.

Results
Monthly Payment
$0.00
Total Interest
$0.00
Total Payment
$0.00
Formula Used

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

where P = loan amount, r = monthly interest rate (annual rate / 12), n = total number of payments (years * 12).