Fixed Rate Loan Payments


Calculate the payments and interest for a fixed rate loan, using monthly interest compounding and monthly payments. Enter the purchase price, number of monthly payments, and interest rate, and the payment calculator computes the payment amount for you.

Purchase price: $
Down payment amount: $
Start date:
Number of months:
Interest rate: %

Payment amount: $658.60

Financial Details:

Loan amount: $100,000.00
Payment amount: $658.60
Interest rate: 6.900%
Interest compounding: Monthly
Total amount financed: $100,000.00
Total payments: $237,096.49
Total finance charge: $137,096.49

Payment schedule:

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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.