"Spent thousands over the years searching for info, nothing comes close to Bernie..not to mention all the other great stuff on Schaeffer's site." - M. Desmarais, ME

Enhanced Loan Calculator

Use this calculator to look at a variety of possible loans. Use the slider controls to change your monthly payment, loan amount, interest rate or term. Press the "View Report" button to see a complete amortization schedule, either by month or by year.

This Financial Calculator requires a Browser with Java™ applet Support. If you are seeing this message you will need to download SUN's Java™ Plug-in. This can be done simply, and automatically, by clicking the link below:

Get the Java™ Plug-in!

Definitions

Monthly payment
Monthly payment for this loan.

Interest rate
Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.

Term in months
Number of months for this loan.

Loan amount
Total amount of your loan.





Partner Center