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:

Presented by
TimeValue Software
online financial calculators
for
Albany Bancorp, Inc.

Powered by TValue ©1998-2006

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 Albany Bancorp.