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Enhanced Loan Calculator

Use this calculator to look at a variety of possible loans. Use the slider controls to change your monthly payment, loan amount, interest rate or term. Press the "View Report" button to see a complete amortization schedule, either by month or by year.

This Financial Calculator requires a Browser with Java(TM) applet Support. If you are seeing this message you will need to download SUN's Java(TM) Plug-in. This can be done simply, and automatically, by clicking the link below:

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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 can not 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.

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