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Financial Calculators

1st Source wants to help you make financial decisions that are right for you. That's why we're providing easy-to-use planning calculators to assist you with your financial goals.

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Loan Calculator

To solve a loan, enter the desired information and press "Compute." Leave the unknown field blank, the loan calculator will solve for that unknown. You can solve for a loan amount, number of payments, payment amount, or interest rate. You can only solve for 1 unknown at a time.

Loan start date: First payment date:
Loan amount:$
Number of payments:Payment period:
Payment amount:$
Interest rate:%Compounding period:
Points:%
Fees:$
Pre-paid interest days:
For Adjustable Rate Loans:
Loan type:
Maximum initial rate increase:%
Maximum subsequent rate increases:%
Rate cap:%
Initial rate period:
Subsequent rate adjustment interval:

Would you like to print an amortization schedule?

*NOTE: The last payment will be adjusted to $659.09 to account for rounding.

Be sure to press "Compute" before using the results.

APR:6.900 %
Total amount financed:$100,000.00
Total payments:$237,096.49
Finance charge*$137,096.49
Amortization method:Normal

* Finance charge includes points, fees, and pre-paid interest, if applicable.

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The information provided by these calculators is for illustrative purposes only. The information entered may vary from your actual loan, mortgage, investment, or savings results. Interest rates are hypothetical and are not meant to represent any specific investment. Rates of return will vary over time, particularly for long-term investments. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by 1st Source Bank.


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