Monthly Payment Calculator for a Mortgage or a Car Payment

  Amount Borrowed(No Commas): $
  Number of Years of the Loan:   
  Interest Rate(IN PERCENT):    %
  Monthly Payment
  (Rounded to the next highest cent):
 Calculate The Monthly Payment
    (Click the Box Above)

This loan calculator is provided as a courtesy for Michael Ragusa's visitors.  It also shows how mathematics is relevant to everyday life.  If you plan to buy a house, a car, or any other major purchase, you want to know ahead of time how much of that item you can afford before locking yourself into a contract.  Excellent money management begins with mathematics!