Simple Loan Payoff Time Calculator

When will my loan be paid off?

Know the payment amount but not how long you are expected to pay that amount? Enter the monthly payment amount, loan amount, and interest rate into this calculator and it will show you how long you will pay on the loan.

Field Help

Input Fields

Title: A title for these calculator results that will help you identify it if you have printed out several versions of the calculator.

Monthly Payment: The amount of principal + interest you are currently required to pay each month toward this loan.

Loan Amount: The amount you plan to borrow.

Interest Rate: The annual percentage rate you will pay for this loan.

Output Fields

Payoff Time: Amount of time until the loan is paid off.

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