Interest Rate Calculator

Here is the Interest Rate Calculator

Principal Amount: Interest Rate (annual %): Time Period (years): Payments Per Year:

Results:

Payment #	Payment Date	Payment Amount	Principal Payment	Interest Payment	Remaining Balance

Welcome to the Interest Rate Calculator. Follow these steps to calculate your loan payments and view the loan amortization schedule:

Enter the loan’s principal amount in the “Principal Amount” field. This is the initial amount you’re borrowing.
Enter the annual interest rate in the “Interest Rate” field. This should be in percentage form.
Specify the loan’s time period in years in the “Time Period” field. This is the duration of your loan.
Choose the number of payments you’ll make per year from the “Payments Per Year” dropdown. For example, if you make monthly payments, select “Monthly.”
Click the “Calculate” button to compute your monthly payment amount.