Loan Calculator
FinancialCalculate payments for amortized loans, work out the lump sum due on a deferred-payment loan, or find the present value of a bond. Includes total interest and a full amortization schedule.
Total term: 120 months.
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Amortized loans
The most common type: fixed monthly payments where each instalment covers interest first and chips away at the principal. Think mortgages, auto loans, and personal loans.
Deferred payment loans
No payments during the term. Interest builds up and the full balance is repaid in one lump sum at maturity — common with some student and short-term business loans.
Bonds
A bond promises a fixed payout at maturity. Working backwards from that face value tells you its present value — the fair price to pay today.
Estimates use a fixed rate with monthly compounding for illustration only. Real loans may include fees, taxes, insurance, and variable rates that change the numbers.