LoanMath

Loan Calculator by Monthly Payment

How much can you borrow?

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

Try: Monthly payment=400, APR=6, Term=5 → $400, 6%, 5, $20,690

How to use

Start from the payment you can afford and work back to the maximum loan amount at a given rate and term.

Formula

P = PMT · ((1+r)n−1) / (r·(1+r)n).

FAQ

Stay within budget?

This keeps the payment fixed so you do not over-borrow.

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