Financial Loan calculetor tool 100% free

Loan Calculator

Loan Amount: Interest Rate (%): Loan Term (years):

def loan_calculator(principal, interest_rate, num_payments): 

 monthly_interest_rate = interest_rate / 100 / 12 monthly_payment = (principal * monthly_interest_rate) / (1 - (1 + monthly_interest_rate) ** -num_payments) 

 total_payment = monthly_payment * num_payments total_interest = total_payment - principal return monthly_payment, total_payment, total_interest # Example usage 

principal = 10000 interest_rate = 5 num_payments = 12 monthly_payment, 

total_payment, total_interest = loan_calculator(principal, interest_rate, num_payments) print("Monthly Payment: $", round(monthly_payment, 2)) print("Total Payment: $", round(total_payment, 2)) print("Total Interest: $", round(total_interest, 2))

def loan_calculator(principal, interest_rate, num_payments): monthly_interest_rate = interest_rate / 100 / 12 monthly_payment = (principal * monthly_interest_rate) / (1 - (1 + monthly_interest_rate) ** -num_payments) total_payment = monthly_payment * num_payments total_interest = total_payment - principal return monthly_payment, total_payment, total_interest # Example usage principal = 10000 interest_rate = 5 num_payments = 12 monthly_payment, total_payment, total_interest = loan_calculator(principal, interest_rate, num_payments) print("Monthly Payment: $", round(monthly_payment, 2)) print("Total Payment: $", round(total_payment, 2)) print("Total Interest: $", round(total_interest, 2))