Loan Payment Amount Calculator

Loan amount
Interest rate
Number of years
Rate of interest compounded

Do you require information about your periodic loan payment? Utilize the calculator provided below to ascertain the recurring payment sum. Just input the loan amount, the interest rate, and the term. The calculator will then furnish you with the regular payment amount.

Loan Payment Amount formula

    \[P = \frac{rA}{1 - (1+r)^{-N}}\]


  • P - is the principal amount of the loan.
  • A - is the monthly payment amount.
  • r - is the monthly interest rate (expressed as a decimal).
  • N - is the total number of payments.

The rate of Interest Compounded is,

  • Monthly, r = i / 1200 и N = n * 12
  • Quarterly, r = i / 400 и N = n * 4
  • Half-yearly, r = i / 200 и N = n * 2
  • Yearly, r = i / 100 и N = n

Loan Payment Amount Calculator

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