engineering fundamentals Finance: Advanced APR Calculator Payment Schedule
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LoanIQ for iPhone is now available.
efunda's iPhone version of its online loan, lease, and APR calculators. Choose any variable (loan amount, payment, interest rate, etc.) as the unknown and calculate the result in real-time as other variables are entered. App Store
Loan Amount
100		 Annual Interest Rate
10%
(Compounded 12 Times/Year)		 Term
12 periods
(12 Payments/Year)
Period Payment Principal Part Interest Part Balance
 1  $8.79  $7.96  $0.83  $92.04 
 2  $8.79  $8.02  $0.77  $84.02 
 3  $8.79  $8.09  $0.70  $75.93 
 4  $8.79  $8.16  $0.63  $67.77 
 5  $8.79  $8.23  $0.56  $59.54 
 6  $8.79  $8.30  $0.50  $51.24 
 7  $8.79  $8.36  $0.43  $42.88 
 8  $8.79  $8.43  $0.36  $34.45 
 9  $8.79  $8.50  $0.29  $25.94 
 10  $8.79  $8.58  $0.22  $17.37 
 11  $8.79  $8.65  $0.14  $8.72 
 12  $8.79  $8.72  $0.07  $0.00 
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