Loan Term Calculator


This loan term calculator will calculate how many payments it will take to pay off a loan. Make sure the payment amount is larger than the minimum monthly interest amount.

Loan amount: $
Down payment amount: $
Payment amount: $
Interest rate: %

Number of payments: 221

Financial Details:

Interest compounding: Monthly
Interest rate: 6.900%
Loan amount: $100,000.00
Payment amount: $800.00
Total payments: $176,994.78
Total finance charge: $76,994.78

Payment schedule:

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Financial Strategies Online

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The information provided by these calculators are estimates based on the information entered and may vary from your actual loan, mortgage, investment or savings results. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Financial Strategies Online.