Loan Balance Calculator

Do you need to find your loan balance but don’t have time to look it up? Check out our online calculator to quickly and easily find your loan balance.

Loan amount
$
Payment amount
$
Interest rate
%
Number of time periods
Rate of interest compounded
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    54 Number of calculations
    B = A * (1+r)^n - (P/r) * ((1+r)^n - 1)

    where,

    • B is the loan balance or outstanding principal amount.
    • A is the monthly payment amount.
    • r is the monthly interest rate (expressed as a decimal).
    • P is the original principal amount of the loan.
    • n is the number of payments made.