Financing Calculator
Estimate payments, total interest and affordability.
Loan Inputs
Loan Structure
Standard Amortizing
Interest Only
Bullet
Balloon
Graduated Payments
Loan Amount
Interest Rate (%)
Term
Payment Frequency
Monthly
Biweekly
Weekly
Compounding
Monthly
Daily
Annual
Extra Payment per Period
Balloon at Maturity (%)
Interest-Only Period (Years)
Annual Payment Increase (%)
Affordability Check
Monthly Net Income
Monthly Expenses
Calculate
Reset
Results
Payment
—
per period
Total Interest
—
over life
Total Paid
—
principal + interest
Affordability
—
monthly position
Remaining Balance
Show Amortization Table
Period
Payment
Principal
Interest
Extra
Balance
Quick Explanations
Standard Amortizing:
Principal and interest are paid together.
Interest Only:
Interest is paid for the selected period before regular amortization begins.
Bullet:
Interest is paid periodically and the principal is repaid at maturity.
Balloon:
Regular payments are followed by a large final payment.
Graduated:
Payments increase every year.