How to Calculate a Loan Payment?

Answer If you know how to calculate a loan payment, you can figure out how much you can afford to borrow for large purchases such as a car or a house. Calculating loan payments ahead of time means that th... Read More »

Top Q&A For: How to Calculate a Loan Payment

How do I calculate car loan payment?

Use the following formula to calculate monthly payments on your car loan: (P (r / 12)) / (1 - (1+ r / 12) ^ -m) P is the principal, the amount of the car loan; r is the interest rate; and m is the ... Read More »

How to Calculate an FHA Loan Payment?

An FHA loan is a loan program sponsored by the Federal Housing Administration (FHA), designed to help low to moderate income families obtain financing to purchase a home. Because FHA loans generall... Read More »

How do I calculate a car loan payment rate?

Estimated CalculationCalculating an estimated car payment off hand, at the car lot requires just a bit of simple math. This will not give you an exact payment but will be within 10 percent or so de... Read More »

How to Calculate an Annual Payment on a Loan?

A loan is a fairly straightforward type of debt instrument. Loans are issued primarily by banks, and consist of an initial payment to the debtor, followed by a series of payments back to the credit... Read More »