Number of loan payments


Online calculator for calculating the number of loan payments. Calculation of the number of loan payments according to the conditions: loan amount, interest rate, monthly payment, frequency of interest calculation.

Сalculator of Loan payments

Loan amount
Payment amount
Interest rate
Rate of interest compounded
Please, Enter all values correctly.
Number of payments

Formula for the number of loan payments


N = [ – log ( 1 – [ ( r*A ) / P ] ) ] / ( log (1+r) )

  • A = Loan Amount;
  • P = Payment Amount;
  • r = Rate of Interest (compounded);
  • N = Number of Payments.

Rate of Interest Compounded is:

  • Monthly:  r = i / 1200
  • Quarterly: r = i / 400
  • Half yearly: r = i / 200
  • Yearly:  r = i / 100

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