Simple loan calculator

We are looking into some more sophisticated loan calculators to better meet our clients needs. However, for now you can use the basic calculator below to answer the most common question - monthly repayments.

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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 Reset button will clear entered values.

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

This free script provided by
JavaScript Kit