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Loan Calculator 1
 This calculator is for car loans and other types of loans where monthly payments are made and the interest is compounded monthly (which is standard for the U.S.)  It finds the amount you will have pay each month on your loan - i.e., it finds your monthly payment.
What's the loan amount?  
Example: $5,000...  Enter 5000   (No commas!)
What's the yearly (annual) interest rate of the loan?   %
Example: 12%...  Enter 12      9.8%...  Enter 9.8
What's the length of the loan in years?  
Example: 5 years...  Enter 5





 

 

 

 

 

 

 

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