Loan Balance Calculator

Loan amount
Payment amount
Interest rate
Number of time periods
Rate of interest compounded

Do you require your loan balance but short on time for research? Explore our online calculator for a swift and effortless way to locate your loan balance.

Loan Balance formula

    \[B = A * (1+r)^n - (P/r) * ((1+r)^n - 1)\]


  • B - is the loan balance or outstanding principal amount.
  • A - is the monthly payment amount.
  • r - is the monthly interest rate (expressed as a decimal).
  • P - is the original principal amount of the loan.
  • n - is the number of payments made

Loan Balance Calculator

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