Bankrate.com

Loan Interest Calculator

How much interest will I have to pay?

Beginning Balance of Loan
Minimum Monthly payment
Maximum Monthly payment
annual percentage rate(%) (fixed loan)
Your Results
Beginning balance of loan..: $10000.00
Minimum monthly payment..: $800.00
Maximum monthly payment.:$1200.00
Annual interest rate:7.50%
Total Interest on your Loan
Using the maximum payment you'll pay $444.88($31.78 average per month) in total interest.
Using the minimum payment you'll pay $302.79($33.64 average per month) in total interest.
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