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LO
Loan Compound Interest Calculator
Estimate loan payments, interest and compound growth
Runs locally in your browser; input is never uploaded
Loan / Interest Calculator
Annuity payment = Principal × monthly rate × (1 + monthly rate)^periods / ((1 + monthly rate)^periods - 1)
Usage
Enter the principal, annual rate and term, choose a repayment method (annuity or equal principal), then run to estimate monthly payments and interest.
FAQ
- 1.
What is the difference between equal payment and equal principal?
Equal payment (amortization) has fixed monthly payments with more interest early on. Equal principal has fixed principal payments with decreasing monthly totals and less total interest.
- 2.
Are the calculation results accurate?
The formulas are based on standard financial equations and results are for reference only. Actual loan rates and terms depend on your bank contract.
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