Loan Payment Calculator

Please Note: The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the "Calculate" button. Clicking the "Start Over" button will clear entered values.

Enter only numeric values (no commas), using decimal points where needed. Non-numeric values will cause errors.

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  Loan Amount:
  Loan Length in Months:
  Interest Rate:
  Monthly Payment:

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