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home >mortgage>loan-paymentLoan Payment CalculatorLoan Payment Calculator to calculate the number of payments for a loan. Loan Payment Calculator
Code to add this calci to your website
Just copy and paste the below code to your webpage where you want to display this calculator. Number of Payments on a Loan Formula. N = [ - log ( 1 - [ ( r*A ) / P ] ) ] / ( log (1+r) ) Where, P = Payment Amount A = Loan Amount r = Rate of Interest (compounded) N = Number of Payments 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 number of payments on a loan. | ||||||||||||