This calculator will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out.
|Annual Interest Rate||(%) *|
|Term of Loan in Years||*|
|First Payment Date|
|Frequency of Payment|
|This is the amount of your monthly payment:|