Loan Spread Calculator
Still trying to figure out your loan terms? The Loan Spread Calculator has many options to more accurately determine your loan terms. To determine your monthly payments, including principle and interest, make sure the PMT (PI) radio button is selected under the calculate option. Next, include the loan amount, periods (360 periods is 30 years), the interest rate, and then look at the options to the far right. You can increase the interest rate across the board for more options to show what your payments might be with higher rates. There are many options for this calculator. Spend some time with the calculations or bookmark this page for future reference.
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it’s applicability to your financial situation. Please consult your own financial advisor.