STOP! since you are here...
Your loan will affects your financial stability for the next 10 years, 20 years, or even longer. You need to spend some time to set up your strategy before borrowing money. The first tip is to keep the term as short as possible. Go to our graphical presentations page to see how much interest you pay for the loan.

Instant change on all values when you change Period Type

Home  || Formula | Payment Schedule | Payment Sensitivity | Balloon Payment | Graphs

Per Payment

Per Year

Select your Loan Period Type
You can even select Bi-weekly payment type

Loan & Mortgage
Loan Amount, Terms, Interest Rate, Fixed Payment
Calculate one of the four fields from the other three.
The fourth one is highlighted after three fields have values.
Period Types includes Monthly, Bi-Weekly, Quarterly, you name it.
Now allows exact number of periods, say 7 months. No more only 15 years, 30 years, etc.
Just click the Type drop-down button to select the period, then everything changes. Try it and feel it!
Now allows zero interest rate.
Payment schedule revised instantly after new RUN.
Data directly links and updates Payment Schedule and Payment Sensitivity tabs.


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