# Loan Payment Calculator

**Loan Payment Calculator** to calculate the number of payments for a loan.

Code to add this calci to your website

#### 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.