Thinking of financing a purchase? Use this convenient calculator to help figure out how much you can afford.  This calculator works one of two ways:
  1. Enter your desired payment
    If you know how much of a monthly payment you'd like, this calculator can help you match your desired payment amount to a loan amount so you can stay within your budget as you shop.

  2. Enter the loan amount
    Know the price and/or loan amount?  Let us give you an idea what your monthly payment will be.
After you enter your variables, you can examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule, also known as an amortization schedule.
 
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Amortizing Loan Calculator

Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule.


Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.