Loan Balance
Online calculator for calculating loan balance. Calculation of the loan balance at any date. The calculation of the loan balance is subject to monthly equal payments and is calculated taking into account: payment, interest rate, term and frequency of interest calculation.
Calculator of Loan balance
Formula of Loan balance
B = ( A * (1+r)n) - [ (P/r) * ((1+r)n - 1 ) ]
- B = Balance Amount;
- A = Loan Amount;
- P = Payment Amount;
- r = Rate of Interest (compounded);
- N = Number of time periods.
Начисление процентов:
- Monthly: r = i / 1200
- Quarterly: r = i / 400
- Half yearly: r = i / 200
- Yearly: r = i / 100