Home Loan Calculator

Amount of Loan?:
Number of Years?:
Annual Interest Rate?:
Monthly Payment?:
Enter "0" (zero) for one unknown value above.

Total Interest Paid:
Total Principal & Interest:
Number of Months:
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Home Loan Calculator Help

There are four primary variables for any loan. The Home Loan Calculator will solve for any of the four.

Ask yourself these questions:

What is the amount of the loan (amount borrowed)?

How long will the payments last (term)?

What is the annual interest rate?

And what is the periodic payment amount?

Enter any three of the above values and enter a '0' (zero) for the one unknown value.

Click 'Calc' and the unknown will be calculated.

Unlike our other loan calculators, this calculator makes some assumptions. First, it assumes that the payments will be made on a monthly schedule. Secondly, it assumes that the term will not include a fractional year. If you need to borrow or lend money for say 30 months (2.5 years) then use one of the other loan calculators found on this site.


Styles:

 
 
 
plain
plainer
zip zilch
Currency
$1,234.56
$1.234,56
£1,234.56
1,234.56
Conventions:
€1,234.56
€1.234,56
1 234,56 €
1.234,56 €
Click on desired currency convention or style to change.

This calculator covers all the basics. You can calculate the payment amount, loan amount, interest rate or term.

Please click on the above "Help" button for details.

If you want to use a loan calculator that is a little more flexible, that does not assume a monthly payment or one that lets you calculate loans based on the Rule-of-78s or other methods, then you should use this loan calculator.

For other more specialized online loan calculators, you may want to try one of these:

You may link to this page using this HTML code. Just copy and paste:

Do in depth loan analysis and debt reduction what-ifs with the 14 calculators & schedules included in the new AmortizeIT! v4.0.
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