Find your loan payoff term in three quick steps.
Type in the principal — the amount you borrowed or plan to borrow.
Input the APR quoted by your lender as a percentage (e.g. 6 for 6%).
Specify the fixed monthly payment amount and click Calculate to see the payoff term.
A loan term calculator works backwards from a known monthly payment, loan amount, and interest rate to find how many months (and years) it will take to fully repay the loan.
The calculator uses the amortization formula solved for n: n = -log(1 - P·r / M) / log(1 + r), where P is the principal, r is the monthly interest rate, and M is the monthly payment.
If your monthly payment is less than or equal to the monthly interest accrued (P × r), the loan can never be paid off and the calculator will display 'N/A — payment too low to cover interest'.
Loan terms are often expressed in full years, but the exact payoff date frequently falls partway through a year. Showing both years and the remaining months gives you a precise payoff timeline.
Yes. Enter the same loan amount and interest rate with different monthly payment values to see how increasing your payment shortens the term and reduces total interest paid.
Berechnen Sie die genaue Rückzahlungsdauer eines Kredits anhand von Kapital, Jahreszinssatz und monatlicher Zahlung.
Der Kreditlaufzeit-Rechner ermittelt den Rückzahlungszeitraum, wenn Sie den Kreditbetrag, den effektiven Jahreszins (APR) und die feste monatliche Rate kennen.
Finden Sie Ihre Kreditlaufzeit in drei Schritten.