Skip to content

Loan Calculator

This Loan Calculator helps you quickly estimate your monthly payment based on the loan amount, interest rate, and loan term, making financial planning easier.

Monthly Loan Payment Estimator

Input Fields
P
$
Enter the loan principal amount
r
%
Enter the annual interest rate
n
years
Enter the loan term in years
If enabled, the result will update automatically when you change any value.

Loan Monthly Payment Formula

Formula
\[ \text{Monthly Payment} = \frac{P \times r}{1 – (1 + r)^{-n}} \]

Where:

  • $$P$$ = Loan principal (initial amount borrowed)
  • $$r$$ = Monthly interest rate (annual rate divided by 12)
  • $$n$$ = Total number of monthly payments
  • $$Monthly Payment$$ = Fixed monthly loan payment amount


The Loan Calculator is an essential tool for estimating your fixed monthly payment for mortgages, car loans, student loans, and personal loans. It helps you budget more effectively by understanding how much you’ll pay over the life of the loan.

Previous
Sales Funnel

Leave a Reply

Your email address will not be published. Required fields are marked *

One thought on “Loan Calculator

  1. Leo says:

    Hi,
    Can we add these calculators to our website?