Loan Calculator

This worksheet can help you calculate loan

costs. Enter values into the yellow boxes,
replacing the sample data. Results will be
shown in the green boxes.
This worksheet is locked to preserve the
formulas that calculate your results.

Period
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53

Payment
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353
2,353

Principal
1,144
1,158
1,172
1,186
1,201
1,215
1,230
1,245
1,260
1,275
1,291
1,306
1,322
1,338
1,354
1,370
1,387
1,404
1,421
1,438
1,455
1,473
1,491
1,509
1,527
1,545
1,564
1,583
1,602
1,621
1,641
1,661
1,681
1,701
1,722
1,743
1,764
1,785
1,806
1,828
1,850
1,873
1,895
1,918
1,941
1,965
1,989
2,013
2,037
2,062
2,087
2,112
2,137

Loan Amount:
Annual Interest Rate:

100,000
14.50%

Length of Loan (in Years):

Number of Payments Per Year:
Total Number of Periods:

5
12
60

Payment Per Period:

Total Interest Paid:
Total Payments:

2,353
41,170
141,170

Interest
1,208
1,195
1,181
1,166
1,152
1,137
1,123
1,108
1,093
1,078
1,062
1,047
1,031
1,015
999
982
966
949
932
915
898
880
862
844
826
808
789
770
751
731
712
692
672
652
631
610
589
568
546
525
502
480
457
435
411
388
364
340
316
291
266
241
216

Total Interest Paid New Payoff Amount

1,208
2,403
3,583
4,750
5,902
7,039
8,162
9,270
10,363
11,441
12,503
13,549
14,580
15,595
16,594
17,576
18,542
19,491
20,423
21,338
22,236
23,116
23,978
24,822
25,648
26,456
27,245
28,015
28,765
29,497
30,209
30,901
31,573
32,224
32,855
33,466
34,055
34,623
35,169
35,694
36,196
36,676
37,134
37,568
37,980
38,367
38,732
39,072
39,388
39,679
39,945
40,186
40,402

98,856
97,697
96,525
95,338
94,138
92,922
91,692
90,447
89,187
87,912
86,622
85,316
83,994
82,656
81,302
79,931
78,544
77,140
75,720
74,282
72,827
71,354
69,863
68,354
66,828
65,282
63,718
62,135
60,533
58,912
57,271
55,610
53,929
52,228
50,506
48,764
47,000
45,215
43,409
41,581
39,730
37,857
35,962
34,044
32,102
30,137
28,149
26,136
24,099
22,037
19,951
17,839
15,702

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Period
54
55
56
57
58
59
60

Payment
2,353
2,353
2,353
2,353
2,353
2,353
2,353

Principal
2,163
2,189
2,216
2,242
2,270
2,297
2,325

Interest

Total Interest Paid New Payoff Amount

190
164
137
110
83
56
28

40,591
40,755
40,892
41,002
41,086
41,142
41,170

13,539
11,349
9,134
6,891
4,622
2,325
0

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Payment

Principal

Interest

Total Interest Paid New Payoff Amount

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Period

Payment

Principal

Interest

Total Interest Paid New Payoff Amount

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Period

Payment

Principal

Interest

Total Interest Paid New Payoff Amount

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Period

Payment

Principal

Interest

Total Interest Paid New Payoff Amount

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