Principal & Interest Calculator

Solve three different ways. First, enter some basic information:   Select the term of your loan: 5 years 6 years 7 years 8 years 9 years 10 years 11 years 12 years 13 years 14 years 15 years 16 years 17 years 18 years 19 years 20 years 21 years 22 years 23 years 24 years 25 years 26 years 27 years 28 years 29 years 30 years Interest-Only 40 years 50 years Next, figure my: Interest Rate: Loan Amount: Principal & Interest Payment:    (This will take a few seconds to generate.)

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Instructions:

Solve for 3 different scenarios. Select the loan term you prefer, then enter the information you have and solve for the third.

Tip: The calculations are automatic, just enter the known variables and hit your "tab" key on your keyboard, or click on the box with your mouse to see the results.

Glossary

Resources

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