Loan payment example

Here is a simple calculator which allows you to find out monthly payment and total amount paid for given credit amount, rate and period in years. Formula supposes annual payments.

PLANETCALC, Credit cost

Credit cost

Credit amount
Period in years
Annual interest rate (percent)
Digits after the decimal point: 2
Month payment
Total Paid Amount

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Creative Commons Attribution/Share-Alike License 3.0 (Unported) PLANETCALC, Loan payment example