LoanMath

Fixed Rate Loan Calculator

Payment on a steady fixed-rate loan.

Your figures stay on your computer — no server, no tracking, no registration
$
%
yr

Try: Loan amount=15000, APR=6, Term=5 → $15,000, $290, $17,400, $2,400

How to use

A fixed rate never moves, so the payment is predictable for the whole term. Enter amount, rate and term.

Formula

PMT on the loan amount.

FAQ

Why choose fixed?

Certainty — your payment is the same in year 5 as year 1.

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