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Loan Balance Calculator

Online calculator to calculate the loan balance after n payments. Furnish the details asked for the calculation to determain the remaining due after a period of payments.

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Loan Balance Calculator

Loan Amount (A) :
Payment Amount(P) :
Rate of Interest (i) : %
Number of time periods (n) :
Rate of Interest Compounded



Balance Amount (B) :

 
   
  
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Just copy and paste the below code to your webpage where you want to display this calculator.



Formula Used:

B = ( A * (1+r)n) - [ (P/r) * ((1+r)n - 1 ) ]

Where,
B = Balance Amount
A = Loan Amount
P = Payment Amount
r = Rate of Interest (compounded)
n = Number of time periods

Rate of Interest compounded is,
If Monthly,
r = i / 1200

If Quarterly,
r = i / 400

If Half yearly,
r = i / 200

If Yearly,
r = i / 100

This tool will help you dynamically to calculate the remaining due or the loan balance after n payments