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Loan Payment Amount Calculator

Online calculator to calculate payment amount for a loan.

Loan Payment Amount Calculatorr

Loan Amount (A) :
Rate of Interest (i) : %
Number of years (n) :
Rate of Interest Compounded
Payment Amount (P) :
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Loan Payment Amount Formula.

P = ( r * A ) / ( 1 - (1+r)-N) Where, P = Payment Amount A = Loan Amount r = Rate of Interest (compounded) N = Number of Payments Rate of Interest Compounded is, If Monthly, r = i / 1200 and N = n * 12 If Quarterly, r = i / 400 and N = n * 4 If Half yearly, r = i / 200 and N = n * 2 If Yearly, r = i / 100 and N = n

This tool will help you dynamically to calculate the payment amount on a loan.


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