Enter the amount, monthly interest rate and term to see the payment and the schedule. Your numbers never leave this computer.
Rates differ by country, for example 20% in the UK. Pick a rate below or type your own.
Example: what is 18% of 250?
Result –
Example: 45 is what percent of 180?
Result –
Example: by what percent did 80 grow to 100?
Result –
Example: add 15% to 500, take 15% off 500.
With percentage added –
With percentage taken off –
Exact difference –
Total days –
Weeks –
Business days (weekends excluded) –
Age –
Next birthday –
Resulting date –
You can type 1,250.50 or 1250.5.
The result is for an equal-payment (annuity) loan. Taxes, fees and insurance are not included, and your lender's offer may differ.
| Month | Payment | Interest | Principal | Balance |
|---|
It uses the equal-payment (annuity) formula: payment = amount × rate / (1 − (1 + rate)^−term). The rate is the monthly rate.
This tool asks for a monthly rate. Dividing the annual rate by 12 gives an approximate monthly rate. For an exact value use the monthly rate your lender states.
Taxes, fees and insurance are not included here. Lenders add them to the payment, so the real payment can be higher. The result is a rough guide, and the lender's offer is what counts.