LOAN CALCULATOR

This calculator will help you determine your new monthly payment given a new interest rate. Simply follow the instructions below to calculate your new monthly payment.

Instructions

• Step 1: Enter the loan amount. Enter only numeric values (no commas) using decimal points where needed
• Step 2: Enter the Loan Length in months (for example a 30 year loan is 360 months)
• Step 3: Enter the Interest rate, using decimal points where needed.
• Step 4: Hit the Calculate button. Your new monthly payment will appear in the New Paymant Box.

Enter Loan Information: Amount of the loan (any currency): Annual percentage rate of interest: Repayment period in years: Payment Information: Your monthly payment will be: