Note: This interactive calculator is intended as an educational tool but not as investment advice. The information presented isn’t designed to advise you of strategies which are applicable to your specific situation but rather to highlight issues for your consideration. Therefore, you should always consult your financial or tax advisor. Your own goals will help you to develop a specific financial strategy.

If you want to pay your loan off in %MONTHS% months, your payments will be %PAYMENT%

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Use this slider to change the loan term in months and see how it changes your monthly payment

Enter a valid value for the total loan amount

Enter a valid value for the loan interest rate

Enter a valid value for the original number of months you will be paying for this loan

Enter a valid value for either the monthly payment or the length of the loan in months

Recalculate