SCFCU

Amortizing Loan Calculator
St. Cloud Federal Credit Union
Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Click the "View Report" button to see a monthly payment schedule.

If the calculator below is not being displayed, it may be that you do not have Java installed. Java is a free program that is used on many web sites on the Internet.

To download Java now, please click here. You will be leaving the credit union web site, and you will be directed to the official Java web site, JAVA.COM.

CLOSE WINDOW

This Financial Calculator requires a Browser with JavaT applet Support. If you are seeing this message you will need to download SUN's JavaT Plug-in. This can be done simply, and automatically, by clicking the link below:

Get the JavaT Plug-in!


Definitions


Interest Rate
Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.

Loan Amount
Total amount of your loan.

Monthly Payment
Monthly payment for this loan.

Term in Months
Number of months for this loan.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy regarding your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals, at the credit union or elsewhere, regarding all personal finance issues.