Loan Calculator

A loan is a contract between a borrower and a lender in which the borrower receives an amount of money (principal) that they are obligated to pay back in the future. Most loans can be categorized into one of three categories:

• Amortized Loan: Fixed payments paid periodically until loan maturity
• Deferred Payment Loan: Single lump sum paid at loan maturity
• Bond: Predetermined lump sum paid at loan maturity (the face or par value of a bond)

Modify the values and click the calculate button to use.

Amortized Loan: Paying Back a Fixed Amount Periodically

Loan Amount ($):

Loan Term (years):

Interest Rate (%):

Compound: Monthly (APR) Annually (APY)

Payment Every Month: $0.00

Total of Payments: $0.00

Total Interest: $0.00

Deferred Payment Loan: Paying Back a Lump Sum Due at Maturity

Loan Amount ($):

Loan Term (years):

Interest Rate (%):

Compound: Annually (APY) Monthly (APR)

Amount Due at Maturity: $0.00

Total Interest: $0.00

Bond: Paying Back a Predetermined Amount Due at Maturity

Predetermined Due Amount ($):

Loan Term (years):

Interest Rate (%):

Compound: Annually (APY) Monthly (APR)

Initial Loan Value: $0.00

Total Interest: $0.00