Calculate a payment amount

Enter the loan principal and annual interest rate (for a fixed-rate loan), and select a loan duration range from the drop-down box. After you click on “Calculate”, a results table will be displayed showing the payment amount for each duration within the range.

Guide to using this form

• By default, the calculation is performed for monthly payments and a simple interest rate. To change these settings, select the “Advanced entry” box. Note that this feature requires that JavaScript be enabled in your brower.

• After you click on “Calculate”, a variation table will appear below the results table that contains small +/– changes in the interest rate and principal. Click on any of the numbers in the variation table to recalculate the results table at the new value.