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Simple Loan Payoff Time Calculator Help

Know the payment amount but not how long you are expected to pay that amount? Enter the monthly payment amount, loan amount, and interest rate into this calculator and it will show you how long you will pay on the loan.

Input Fields:
Title A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.
Monthly Payment The amount of principal + interest you are currently required to pay each month toward this loan.
Loan Amount The amount you plan to borrow.
Interest Rate The annual percentage rate you will pay for this loan.

Output Fields:
Payoff Time Amount of time until the loan is paid off.

Buttons and Checkboxes:
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All calculators are made available as self-help tools for your independent use with results based on information provided by the user. All examples are hypothetical and are for illustrative purposes only. Calculated results are believed to be accurate but results are not guaranteed. Loan calculators are not intended to provide financial advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. Users are advised to seek personalized advice from qualified professionals regarding all personal finance issues.
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Updated 04 Jul 2007