Loan Amount Calculator
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Calculate the approximate maximum value of the loan amount that you can afford by furnishing the asked details.

Loan Amount Calculator

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

Calculate the approximate maximum value of the loan amount that you can afford by furnishing the asked details.

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Formula Used:

A = ( P / r ) * [ 1 - (1+r)-N ] Where, A = Loan Amount P = Payment Amount 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 loan amount.

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