Get the Payment You Can Afford
Change the amount you borrow, change the interest rate, or change the number of payments to come up with your magic number.
Enhanced Loan Inputs: |
Loan Balance by Month |
Definitions
Monthly payment
Monthly payment for this loan.
Interest rate
Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.
Term in months
Number of months for this loan.
Loan amount
Total amount of your loan.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.