Loan Calculator

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application.

Using the Loan Calculator

To use, enter values for the Loan Amount (how much you wish to borrow), Payment Period (how often you wish to make payments), Number of Payments (the number of payment installments - e.g. for monthly payments, 12 would take a year), and the Interest Rate (e.g. 12.6%), and click the Calculate button. Clicking the Reset button will clear entered values.