Payment Calculator

Payment Calculator

Loan Amount:
Loan Duration (in months):
Interest Rate:
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Calculations - 100/month. Required link back.


Calculations - unlimited. Customizable. No link.

Payment Formula:

Monthly Payment = PMT( Annual Interest Rate, Number of Monthly Payments, Loan Amount, 0)

Payment Definition

The free online payment calculator makes calculating your monthly payment extremely easy. Learning how to calculate your monthly payment for a loan is as simple and straightforward as entering in the inputs of annual interest rate, number of monthly payments, and the loan amount. That’s it! Get started using the free monthly payment calculator now! You might also be interested in the Advanced Loan Payment calculator and the Extra Payment Calculator.

How to Calculate Payment

Let's be honest - sometimes the best payment calculator is the one that is easy to use and doesn't require us to even know what the payment formula is in the first place! But if you want to know the exact formula for calculating payment then please check out the "Formula" box above.

Add a Free Payment Calculator Widget to Your Site!

You can get a free online payment calculator for your website and you don't even have to download the payment calculator - you can just copy and paste! The payment calculator exactly as you see it above is 100% free for you to use. If you want to customize the colors, size, and more to better fit your site, then pricing starts at just $29.99 for a one time purchase. Click the "Customize" button above to learn more!