What Is a Loan Calculator?
A loan calculator works out your monthly payment, total interest, and full repayment schedule from a loan amount, interest rate, and term. This one also handles a down payment, a balloon payment, and annuity-due timing, so you can model financing a basic calculator can't.
How to calculate a loan payment in 4 steps:
- Enter the loan amount and, if any, a down payment.
- Enter the annual interest rate, compounding frequency, and loan term.
- Add a balloon payment if the loan ends with a lump sum, and set the payment timing.
- Read the payment, total interest, and full amortization schedule instantly.
Loan Payment Example
Borrow $20,000 at 6% annual interest over 5 years (60 monthly payments): the payment is about $386.65/month, with roughly $3,199 total interest. Add a $5,000 balloon payment due at the end, and the monthly payment drops to about $315.00, since part of the loan is repaid as a lump sum instead of monthly.
When to Use a Balloon Payment or Annuity Due
Balloon payments show up in car dealership financing, seller-financed property deals, and short-term business loans, where a lower monthly payment matters more than paying the loan off on a fixed schedule. Annuity-due timing applies when a payment is due at the start of each period instead of the end, as with most lease and rental agreements, so those cash flows compound one period earlier.
Questions fréquentes sur le calcul de prêt
Comment calculer la mensualité d’un prêt ?
Saisissez le montant, le taux annuel et la durée. Le calculateur utilise par défaut une annuité et affiche l’échéance, les intérêts totaux et le total remboursé.
Que montre un tableau d’amortissement ?
Il détaille chaque paiement entre capital et intérêts et suit le capital restant dû pendant toute la durée du prêt.
Quel est l’effet de l’apport et du paiement ballon ?
L’apport réduit le montant financé. Le paiement ballon reporte une partie du remboursement à la fin et peut réduire les échéances régulières.
Le calculateur peut-il trouver le montant, le taux ou la durée ?
Oui. Sélectionnez la valeur à calculer, puis saisissez les autres données du prêt.
