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eFunda: Loan Calculators
efunda.com/formulae/finance/loan_calculator.cfm

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Description:
Calculate monthly payments, interest rates, and/or number of payments for loans.

Keywords:
loan calculator, payments, interest rates, formulas, equations, eFunda, Formula, calculators, calculate, calculations, financial, finances, formulae, interests, loans, monthly, rates, theory, theories

Keywords (tags)

advanced amount calculator calculators efunda finance following interest loan monthly months payment rate scenario typical

Content Summary

Loan (typical) Loan (advanced) Canadian Mortgage Lease (typical) Lease (advanced) APR (typical) APR (advanced) Formulas Math Scenario 1: Find the Monthly Payment Loan Amount ( C ) : Interest Rate % ( R ) : Number of Months ( N ) : Monthly Payment ( P ) : Number of Months ( N ) : Interest Rate % ( R ) : For given C , P and N , one can only solve the following equation for r by numerical means. Given the rather smooth behavior of this equation, this calculator employs the Newton-Raphson met... Scenario 3: Find the Number of Payments Loan Amount ( C ) : Interest Rate % ( R ) :

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