Loan Calculator

The loan calculator is designed to help you to easily determine monthly payments. It can also calculate how much you can spend on a boat based on the payment you desire to make each month.

Solve For:

Solve

Solving for present value: The cost of the property minus the down payment (i.e. the principal).

Solving for interest rate: The annual rate of interest that a creditor charges a borrower for loaning money.

Solving for months: The amount of time needed to pay off (or amortize) the loan.

Solving for payment: The monthly payment needed to pay off (or amortize) the loan.

Solving for future value: The value of the property at a specified date in the future that is equivalent in value to the current property value today.

There were errors in the input: Required input was missing.

There were errors in the input: Payment should not be greater than Present Value.

Amortize:

Month:

Year:

Show Amortization

Present Value:

Interest Rate:

Period:

Months or Years

Payment:

Future Value:

Baloon After Period:

Months or Years

Present Value:

Interest Rate:

Months/Years:

Payment:

Future Value:

Baloon Amount:

Interest Amount:

Total Amount:

Note: After you solve, you will be able to view the amortization schedule.

S&P Boat Sales, LLC

Nashville's Leading Houseboat Broker

Loan Calculator