Loan Calculator

If you were to consolidate all of your debts into one loan, what would the monthly payments be? If you can only afford a certain payment each month, how big would your loan be? Give this calculator a try and see how quickly you might be able to get out of debt.

This Financial Calculator requires SUN's Java™ Plug-in. If you see this message you will need to download SUN's Java™ Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing “Install ActiveX Control”.

    You can also get SUN's Java™ Plug-in here: Get the Java™ Plug-in!

    For more information about this Plug-in please visit: SUN's Java™ Plug-in
    For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Definitions

Payment
Payment for the frequency of this loan.

Loan amount
Total amount of your loan.
Payments are made
Select “Monthly”, “Weekly” or “Bi-weekly” for the payment frequency for this loan.

Number of payments
Total number of payments for this loan.

Interest rate
Annual interest rate for this loan. Interest for this loan is calculated each period on your current outstanding balance. The interest rate per period is calculated by dividing the annual interest rate by the number of payments made each year.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.