Calculate monthly loan payment for any loan amount, interest rate, and term.
| Monthly Payment | — |
| Total Payment | — |
| Total Interest | — |
| Interest % | — |
Monthly Payment = P × r(1+r)ⁿ / [(1+r)ⁿ−1] where P=principal, r=monthly rate (annual rate ÷ 12), n=total months. If the rate is 0%, the formula divides by zero, so the payment is simply P ÷ n.
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