Loan Calculator - Amount (PV)

This calculates the loan amount for a real estate loan. Enter three or four inputs. Enter years (n), interest per year (i), payment per month (PMT), and/or loan balance (future value - balloon payment - FV).

Use no percentage or dollar characters.



Example

You have a loan with a monthly payment of $4,212.50 and an interest rate of 5.75%. There are 120 (10 years) of remaining payments.

Payments per year = 12
Years = 10
Interest = 5.75
Payment = 4212.50
Balance = 0

What's the current balance on the loan?

$383,760


Let's say you have the same loan (with the same monthly payments and same term) but in addition there's a balloon payment (balance) due at the end of 10 years of $25,000.

Balance = 25000

What is the current balance on the loan?

$397,847


Ths is handy for calculating the current balance due on a loan with a balloon payment in the future.