Loan Balance Calculator
English

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.

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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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

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