On this page, you can quickly and conveniently calculate various parameters of your loan based on the data you enter.
Enter the loan amount you plan to obtain. Next, specify the annual interest rate that will be applied to your loan. Choose the number of years and months for which you want to take the loan. Please note that you can only specify one of these values depending on your needs.
Our loan calculator uses the annuity payment formula to calculate monthly payments and the total payment amount. The annuity payment formula takes into account not only the loan amount and interest rate but also the loan term to determine equal payments throughout the term.
Please keep in mind that our calculator provides only preliminary calculations and is for informational purposes. The actual loan conditions may vary depending on the chosen bank or lending institution. We recommend consulting professionals or bank representatives to obtain accurate and up-to-date information about the loan terms.
Also, note that inflation can affect the real cost of the loan over time. Regularly review your financial plans and consult with specialists to update the data.
We hope that our loan calculator, which uses the annuity payment formula, will help you make informed decisions and simplify your loan payment planning process. If you have any questions or need additional assistance, our team is always ready to help. We wish you successful planning and sound financial decisions!
Popular ready-made calculations
| # | The amount | Payment | Payment per month | Overpayment / adjusted for inflation |
|---|---|---|---|---|
| A loan for 20000 dollars… |
Amount: 20000 interest rate: 12 % Term: 36 |
23914 | 664 | 3914 / 9 % / 938 |
| A loan for 20000 dollars… |
Amount: 20000 interest rate: 16 % Term: 120 |
40203 | 335 | 20203 / 0 % / 20203 |
| A loan for 66667 dollars… |
Amount: 66667 interest rate: 20.7 % Term: 367 |
422847 | 1152 | 356180 / 9 % / 178860 |
| A loan for 1000 dollars… |
Amount: 1000 interest rate: 15 % Term: 12 |
1083 | 90 | 83 / 0 % / 83 |
| A loan for 9000 dollars… |
Amount: 9000 interest rate: 4 % Term: 60 |
9945 | 166 | 945 / 5 % / -227 |