Loan balance

Loan
1 minute
0

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
Send the result to an email

    36 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.

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You can use the Markdown in the comment form.