Loan Calculator
Calculate monthly payments and total interest for a loan using precise floating-point arithmetic
Inputs
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Outputs
Monthly Rate
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Why?
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Number of Payments
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Why?
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Monthly Payment
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Why?
X:
Loan Principal ($)
Interest Rate (basis points, 700 = 7%)
Loan Term (years)
Total Paid
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Why?
Total Interest
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Why?
X:
Loan Principal ($)
Interest Rate (basis points, 700 = 7%)
Loan Term (years)
Interest Ratio
—
Why?
X:
Interest Rate (basis points, 700 = 7%)
Loan Term (years)
Why this value?
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Math