This is a calculator you may never need.
I created it because I wanted to see what would happen if you got a loan with a fixed principal payment instead of the normal loan that has a fixed (principal + interest) payment.
So, here it is...

Fixed Principal Payment
Loan Calculator

Enter interest rate and two more fields,
then press the button under the field to calculate.
Principal
Amount
# of
Months
Interest
Rate

Compounded:
Monthly
Principal
Payment
$ % $

First Payment Due

Note: To view the schedule, all input fields must contain a value.
© 1995- MyCalculators.com

Other uses for this calculator:

  • INTEREST ONLY CALCULATOR
    Simply enter 0 for the Monthly Payment (Principal Only), fill in ALL of the other fields and press View Amortization Schedule.

  • PRINCIPAL ONLY CALCULATOR
    Simply enter 0 for the Interest Rate, fill in 2 of the other fields and press the button under the field for which you'd like to calculate.  Select the date the first payment is due and press View Amortization Schedule.


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© 1995- MyCalculators.com