CalcRoyal
Loan Repayment Calculator
Real-time payment, interest, and amortization schedule with charts.
Monthly Payment
$0
Total Interest
$0
Total Payment
$0
Principal vs Interest
Balance Over Time
Amortization Schedule
| # | Payment | Principal | Interest | Balance |
|---|
Loan Repayment Calculator
Real-time interest, payment calculation, and amortization chart. (EN / KR / JP / CN)
Calculation Formulas
1
Equal Payment (Annuity)
Pay the same total amount each month.
Monthly Payment = P × r × (1 + r)n / [(1 + r)n − 1]
- P = Loan Principal
- r = Monthly Interest Rate (Annual Rate ÷ 12)
- n = Total Number of Payments (months)
2
Equal Principal
The principal repaid each month is constant, and interest decreases over time.
- Monthly Principal = P / n
- Monthly Interest = Remaining Balance × r
Disclaimer
This calculator is provided for informational and reference purposes only. Results are estimates and should not be considered as financial or investment advice. Always consult with a qualified professional before making any investment or financial decisions.