Loan amount
If you’re looking for an easy way to calculate the amount of a loan, you can use a free online calculator. This calculator can help you find the loan amount.
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Number of calculations
Formula
A = ( P / r ) * [ 1 – (1+r)-N ]
- A = Loan Amount
- P = Payment Amount
- r = Rate of Interest (compounded)
- N = Number of Payments
The rate of Interest Compounded is:
- Monthly: r = i / 1200 и N = n * 12
- Quarterly: r = i / 400 и N = n * 4
- Half-yearly: r = i / 200 и N = n * 2
- Yearly: r = i / 100 и N = n