Simple Loan Rate Calculator

What is the interest rate for my loan?

Need to find out the interest rate for a loan? Enter the loan amount, monthly payment amount, and the length of a loan into this calculator and it will show you the interest rate being charged.

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.

Loan Amount: The amount you plan to borrow.

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

Length of Loan: How long you will pay on this loan. Also choose whether ‘Length of Loan’ is years or months.

Output Fields

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

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