Loan Amount calculator

   
   

Payment Amount

Rate of Interest %

Number of Years

Rate of Interest Compounded

Formula

A = (P/r) * (1+r)-N
a. If Interest Compounded Monthly r = i/1200, N = n * 12
b. If Interest Compounded Monthly r = i/400, N = n * 4
c. If Interest Compounded Monthly r = i/200, N = n * 2
d. If Interest Compounded Monthly r = i/100, N = n
where
A - Loan Amount
P - Payment Amount
i - Interest Rate
n - No.of Years
r - Rate of Interest(compounded)
N - No.of Payments