Loan Balance Calculator

Assumes end-of-month payments and a constant rate. Does not calculate overpayment refunds.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Remaining balancemax(0,principal*(1+rate/100)^months-payment*((1+rate/100)^months-1)/(rate/100))