Advanced Loan Calculator
Loan Calculator | Calculate amortized loans, deferred payment loans, and bond values with our comprehensive financial calculator
Amortization Results
Monthly Payment
$191.01
Fixed payment amount
Total Payments
$11,460.50
Over 5 years
Total Interest
$1,460.50
14.6% of principal
Payoff Time
5 years
60 payments
Deferred Payment Results
Maturity Value
$14,025.52
Lump sum payment
Total Interest
$4,025.52
40.3% of principal
Annual Growth
7.0%
Compounded annually
Bond Valuation Results
Bond Price
$10,391.89
Current market value
Annual Coupon
$500.00
5% of face value
Total Coupons
$5,000.00
Over 10 years
Yield to Maturity
4.5%
Annual return
Understanding Loan Types
Loans are financial contracts where a borrower receives money (principal) and agrees to repay the lender in the future. Different loan structures serve different financial needs.
Amortized Loan
- Fixed payments made periodically (monthly, quarterly)
- Each payment includes both principal and interest
- Interest portion decreases over time
- Principal portion increases over time
- Common for mortgages, auto loans, and personal loans
Deferred Payment Loan
- Single lump sum payment at loan maturity
- No periodic payments during the loan term
- Interest accrues over the entire period
- Total amount due = Principal + Accrued Interest
- Common for bridge loans, some student loans
Bond
- Predetermined lump sum at maturity (face value)
- May include periodic interest payments (coupons)
- Issued by corporations and governments
- Can be traded on secondary markets
- Price fluctuates based on interest rates