Loan repayment calculator

Work out the monthly payment and total interest on a loan.

How it works

Monthly payment = P × r ÷ (1 − (1 + r)^−n), where P is the amount, r the monthly rate and n the number of months.

Results are estimates for planning. For decisions about tax, loans or investments, check with a qualified adviser.

One useful money idea, every Friday

A short email with one practical idea for your business or household, the newest guides and a free template now and then. No spam. Unsubscribe in one click.

Email address

Includes the free cash-flow forecast template.

Plant Knowledge. Grow Wealth.

Clear, practical money guidance for small-business owners, freelancers and everyday earners, with free calculators, templates and an Africa Hub.

Learn

Business finance
Pain Has Money
Money software
AI and money
Personal finance
Investing
Africa Hub
Money glossary

Use

Start here
Pain Has Money books
Free money tools
Free templates
My Forest
Newsletter

Our software

Rumidza: AI marketing
Wayfen: field teams

About

About us
How we write
Advertise with us
Contact

Wealth Forest Academy provides general education, not personal financial, tax or legal advice. Some links earn us a commission, at no extra cost to you. How we earn money.