Calccartoon

The calculator on the right will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate.

 

Calculator

Once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out.

Note that each time you change one of the loan's variables you will need to recalculate the monthly payment before creating the Amortization Schedule. Also note that you may need to press CTRL-P to print the report once it appears in the pop-up window.

Loan Calculator with Amortization Schedule

Loan Calculator with Amortization Schedule

Note: Other than decimal points, do not enter any other non-numeric characters (commas, dollar signs, etc.) in the entry boxes. Doing so will cause a JavaScript error.
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  1. Customer Name:
  2. How much are you looking to borrow?
  3. What is the loan's annual interest rate?
  4. What is the term of the loan in months?
  5. Compounding Interval:
  5. Loan Start Date:    
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  6. This is the amount of your monthly payment.
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Longer term loans may take a few moments for the report to be generated.
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DISCLAIMER:
The accuracy of this calculator and its application to your specific
situation is not guaranteed. We encourage you seek advice from qualified
professionals regarding all personal finance issues.

 ©2006 LakeSuperiorRealty For your personal tour, give us a call.
Tim Melby 1-218-353-7623 Real-estate Broker