How will you use this calculator?

It is very easy to use this calculator.

Enter the following values to use this calculator:

1) Loan Amount
2) Annual Percentage Rate (APR)
3) Loan terms (Years)
4) Loan Date (mm/dd/yy)
5) Payment type. It is a drop-down list. You will get two types of payments. End of the Period and Beginning of the Per
suits your loan
6) Payment frequency: It is also a drop-down list. You can choose payment frequencies: Weekly (7 Days), Bi-weekly (14
(15 Days), Monthly (1 Month), Bi-monthly (2 Months), Quarterly (3 Months), Semi-annually (6 Months), Yearly (12 Months
 
7) Interest Compounding Frequency: In most cases, your Payment frequency will be equal to Interest Compounding Fr
countries, for example Canada, Interest is compounded semi-annually but payment is done monthly. So, except rare cases,
frequency will be always equal to Interest Compounding Frequency.
There are no other values to input. The rest will be handled by the Calculator.
riod and Beginning of the Period. Choose one that

Weekly (7 Days), Bi-weekly (14 Days), Semi-monthly

6 Months), Yearly (12 Months)

al to Interest Compounding Frequency. In some

monthly. So, except rare cases, your Payment
 Flat and Reducing Rate of Interest Calculato

Enter values Flat Rate Interest Calculator (Summa

Loan amount: $ 100,000.00
Annual percentage rate (APR): 6% Monthly Principal Repayment
Loan terms (Years): 5 Monthly Interest Payments
Loan date (mm/dd/yy): 1/1/2019 Total Monthly Payments
Payment type: End of the Period
Payment frequency: Monthly Total Payments
Interest Compounding Frequency: Monthly Total Interest Paid

Reducing Rate of Interest Calculator (

Scheduled Monthly payment: $ 1,933.28
Scheduled number of payments: 60 Total Payments
Interest Rate(Per Period): 0.00499999999999989 Total Interest Paid
Payment Type: 0

No. Payment Date

1 2/1/2019
2 3/1/2019
3 4/1/2019
4 5/1/2019
5 6/1/2019
6 7/1/2019
7 8/1/2019
8 9/1/2019
9 10/1/2019
10 11/1/2019
11 12/1/2019
12 1/1/2020
13 2/1/2020
14 3/1/2020
15 4/1/2020
16 5/1/2020
17 6/1/2020
18 7/1/2020
19 8/1/2020
20 9/1/2020
21 10/1/2020
22 11/1/2020
23 12/1/2020
24 1/1/2021
25 2/1/2021
26 3/1/2021
27 4/1/2021
28 5/1/2021
29 6/1/2021
30 7/1/2021
31 8/1/2021
32 9/1/2021
33 10/1/2021
34 11/1/2021
35 12/1/2021
36 1/1/2022
37 2/1/2022
38 3/1/2022
39 4/1/2022
40 5/1/2022
41 6/1/2022
42 7/1/2022
43 8/1/2022
44 9/1/2022
45 10/1/2022
46 11/1/2022
47 12/1/2022
48 1/1/2023
49 2/1/2023
50 3/1/2023
51 4/1/2023
52 5/1/2023
53 6/1/2023
54 7/1/2023
55 8/1/2023
56 9/1/2023
57 10/1/2023
58 11/1/2023
59 12/1/2023
60 1/1/2024
Rate of Interest Calculator in Excel

Interest Calculator (Summary)

thly Principal Repayment 1666.67

thly Interest Payments 500.00
l Monthly Payments 2166.67

l Payments 130000
al Interest Paid 30000 30.00%

Rate of Interest Calculator (Summary)

l Payments 115996.81
al Interest Paid 15996.81 16.00%

Beginning Scheduled Interest Principal

Balance Payment Paid Paid Ending Balance
$ 100,000.00
$ 100,000.00 $ 1,933.28 $ 500.00 $ 1,433.28 98566.72
98566.72 1933.28 492.83 1440.45 97126.27
97126.27 1933.28 485.63 1447.65 95678.62
95678.62 1933.28 478.39 1454.89 94223.74
94223.74 1933.28 471.12 1462.16 92761.58
92761.58 1933.28 463.81 1469.47 91292.10
91292.10 1933.28 456.46 1476.82 89815.28
89815.28 1933.28 449.08 1484.20 88331.08
88331.08 1933.28 441.66 1491.62 86839.46
86839.46 1933.28 434.20 1499.08 85340.37
85340.37 1933.28 426.70 1506.58 83833.79
83833.79 1933.28 419.17 1514.11 82319.68
82319.68 1933.28 411.60 1521.68 80798.00
80798.00 1933.28 403.99 1529.29 79268.71
79268.71 1933.28 396.34 1536.94 77731.77
77731.77 1933.28 388.66 1544.62 76187.15
76187.15 1933.28 380.94 1552.34 74634.81
74634.81 1933.28 373.17 1560.11 73074.70
73074.70 1933.28 365.37 1567.91 71506.80
71506.80 1933.28 357.53 1575.75 69931.05
69931.05 1933.28 349.66 1583.62 68347.43
68347.43 1933.28 341.74 1591.54 66755.88
66755.88 1933.28 333.78 1599.50 65156.38
65156.38 1933.28 325.78 1607.50 63548.88
63548.88 1933.28 317.74 1615.54 61933.35
61933.35 1933.28 309.67 1623.61 60309.73
60309.73 1933.28 301.55 1631.73 58678.00
58678.00 1933.28 293.39 1639.89 57038.11
57038.11 1933.28 285.19 1648.09 55390.02
55390.02 1933.28 276.95 1656.33 53733.69
53733.69 1933.28 268.67 1664.61 52069.08
52069.08 1933.28 260.35 1672.93 50396.15
50396.15 1933.28 251.98 1681.30 48714.85
48714.85 1933.28 243.57 1689.71 47025.14
47025.14 1933.28 235.13 1698.15 45326.99
45326.99 1933.28 226.63 1706.65 43620.34
43620.34 1933.28 218.10 1715.18 41905.16
41905.16 1933.28 209.53 1723.75 40181.41
40181.41 1933.28 200.91 1732.37 38449.04
38449.04 1933.28 192.25 1741.03 36708.00
36708.00 1933.28 183.54 1749.74 34958.26
34958.26 1933.28 174.79 1758.49 33199.77
33199.77 1933.28 166.00 1767.28 31432.49
31432.49 1933.28 157.16 1776.12 29656.37
29656.37 1933.28 148.28 1785.00 27871.37
27871.37 1933.28 139.36 1793.92 26077.45
26077.45 1933.28 130.39 1802.89 24274.56
24274.56 1933.28 121.37 1811.91 22462.65
22462.65 1933.28 112.31 1820.97 20641.68
20641.68 1933.28 103.21 1830.07 18811.61
18811.61 1933.28 94.06 1839.22 16972.39
16972.39 1933.28 84.86 1848.42 15123.97
15123.97 1933.28 75.62 1857.66 13266.31
13266.31 1933.28 66.33 1866.95 11399.36
11399.36 1933.28 57.00 1876.28 9523.08
9523.08 1933.28 47.62 1885.66 7637.41
7637.41 1933.28 38.19 1895.09 5742.32
5742.32 1933.28 28.71 1904.57 3837.75
3837.75 1933.28 19.19 1914.09 1923.66
1923.66 1933.28 9.62 1923.66 0.00