The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Years/Months for Loan, and the Interest Rate (e.g. 7.25), and Enter. Clicking the Reset button will clear entered values.