Skip to main content
U.S. flag

This is an original und secure website

Loan Balance Calculator

Loan amount
Payment amount
Interest rate
Number of time periods
Rate of interest compounded
Please, Enter all values correctly.

Online calculator for calculating loan balance. Calculation of the loan balance at any date. The calculation of the loan balance is subject to monthly equal payments and is calculated taking into account: payment, interest rate, term and frequency of interest calculation.

Formula of Loan balance

B = ( A * (1 + r)n) – [ (P/r) * ((1 + r)n – 1 ) ]

  • B = Balance Amount
  • P = Payment Amount
  • A = Loan Amount
  • r = Rate of Interest (compounded)
  • N = Number of Payments

Rate of Interest Compounded is

  • Monthly: r = i / 1200
  • Quarterly: r = i / 400
  • Half yearly: r = i / 200
  • Yearly: r = i / 100

The loan balance calculator allows you to compute the remaining balance of your loan. If you want to quickly check how much you still have to repay – you have found the right tool. Our universal loan balance calculator may be used as a personal loan calculator remaining balance calculator, a car loan balance calculator, or a mortgage balance calculator. All you need to do to calculate the remaining loan balance is to fill in the appropriate fields below.

Why do people take loans?

There are dozens of reasons why people take out loans. Among the most popular, there are needs such as:

Car purchase: A car loan is one of the most popular types of loan. Usually, the cost of buying a car is a few times higher than your salary, so you need to find additional money to buy it.

Home renovation or improvement: Most of us always have something to improve in the house. You can finance these costs by taking a bank loan.

Vacations/dreams: Sometimes, the realization of our dream requires a lot of money (e.g., traveling, ideal wedding, unforgettable party).

Medical expenses: Sometimes, people are forced to borrow money to cover their unexpected medical expenses.

Bill consolidation: Nowadays, almost everyone has bills or debt of some sort. You can decide to consolidate your debts into just one loan. There are two reasons to do it: convenience (you have only one debt) and costs (in a consolidated loan, the interest rate is usually lower).

Moreover, one of the most popular types of loan is a mortgage, which allows you to finance the purchase of a home.

In 51 U.S. states are published

1666 Companies
433 Counties
759 Cities

The 5 newest Companies

Laman Investments Inc

7710 Brooklyn Blvd, Minneapolis, MN 55443

Copper River Funding

1070 River Walk Dr #258, Idaho Falls, ID 83402

Gorman Company LLC

48 South, KY-15, Hazard, KY 41701

Galatioto Sports Partners

335 Madison Ave 22nd floor, New York, NY 10017

Renaissance Equity Partners

7600 Georgia Ave NW, Washington, DC 20012

Other Companies

Mendisino Investment

121 Healdsburg Ave, Cloverdale, CA 95425

Cerida Investment Corporation

4400 N High St #407, Columbus, OH 43214

2-T Investments

12311 Overcup Dr, Houston, TX 77024

Molly Investment LLC

74 Brick Blvd, Brick Township, NJ 08723

Ziegler Investments LLC

529 Plum St, Reedsburg, WI 53959