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Calculates monthly interest payments, total interest, and amortization schedules for loans and savings.

सूत्र

Monthly Interest = Principal * (Annual Rate / 12 / 100)

चरण-दर-चरण मार्गदर्शिका

  1. 1Enter the principal amount and annual interest rate
  2. 2Input the loan term in months
  3. 3Calculate monthly payment and total interest paid

हल किए गए उदाहरण

इनपुट
$200,000 at 4% APR for 360 months
परिणाम
$954.83 monthly payment, $143,739 total interest
30-year mortgage example

सामान्य गलतियां जिनसे बचना है

  • Using annual rate without dividing by 12
  • Confusing simple and compound interest

सेटिंग्स