How do i calculate interest-only payments?

Answer Find the Periodic RateConvert the annual percentage to a periodic rate by dividing by the number of payments per year. For example, if you make monthly payments and your annual interest rate is 9 p... Read More »

Top Q&A For: How do i calculate interest-only payments

How to Calculate Interest Payments?

The interest on a mortgage, personal loan or other unsecured obligation can quickly add up to a major expense for most consumers. Being able to calculate the amount of interest you will pay can hel... Read More »

How do i calculate the formula for interest payments?

Convert the annual interest rate from a percentage to a decimal by dividing it by 100. For example, if the annual interest rate is 5.6 percent, you would divide 5.6 by 100 to get 0.056.Multiply the... Read More »

How to Calculate Interest Payments on Bonds?

Bonds are loans that are sold to investors, usually by companies or governments, to raise money for projects. Companies may choose to issue a bond rather than sell more stock to avoid diluting the ... Read More »

How do i calculate principal&interest payments?

Use an online mortgage calculator (see Resources). Enter the amount of your loan, the term (in months or years), your interest rate and (sometimes) the beginning date for the loan. Click on "Calcu... Read More »