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Investment Payment Amount Calculator

Desire amount range (amt) :
Down payment (d) : %
Closing Cost (c) :
Rate of Interest (i) : %
Number of years (n) :
Rate of Interest Compounded



Payment Amount (P) :

 
   
  
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Formula Used:

F = c + [( amt * d ) / 100 ]
and
P = ( r * F ) / ( (1+r)-N - 1 )


Where,
amt = Desire amount range
d = Down payment
c = Closing Cost
P = Payment Amount
F = Future Value
r = Rate of Interest (compounded)
N = Number of Payments

Rate of Interest Compounded is,
If Monthly,
r = i / 1200 and N = n * 12

If Quarterly,
r = i / 400 and N = n * 4

If Half yearly,
r = i / 200 and N = n * 2

If Yearly,
r = i / 100 and N = n

This tool will help you dynamically to calculate the Payment Amount for an Investment