Loan Calculation

Monthly payment is calculated using the following formula:

PMT = P * (r * (1 + r)^n) / ((1 + r)^n - 1)

Loan Amount

Annual Interest Rate

Loan Term (Months)

Moon

Enter the values, the result will be displayed.

Click the button for detailed calculation and sharing.

Calculate how much you can save by paying early

Early Payment Amount

Enter the amount you wish to pay early

Which installment are you in?

Moon

Specify in which installment you will make early payment

Formula and Explanation (Click)