Loan Payment Calculator

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

Loan Payment Calculator

Loan Amount (A) :
Payment Amount (P) :
Rate of Interest (i) : %
Rate of Interest Compounded
Number of Payments (N) :
Code to add this calci to your website Expand embed code Minimize embed code

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.

english Calculators and Converters