Basic Loan Payment Calculator

Loan Amount
Length (years)
Interest Rate
Monthly Payment

Use this calculator to compute estimated payments on a loan.

***Actual loan payment may vary from this estimate due to variables in methods of financial calculations.

Instructions for using the calculator:

Number of Years
- Example: Enter 3 for a 36 month loan.

Interest rate - Example: Enter the number 9.25 for a 9 1/4% rate.

Loan Amount - Enter the total amount of the loan.

Monthly Payment - Leave this field blank. When you press compute, the result will be shown here.

The information and results provided by this calculator are for illustrative purposes only and accuracy is not guaranteed. Please consult with a representative of Dakota Community Bank or seek other professional advice prior to relying on the results.