The results of this loan payment calculator are merely for comparison purpose only. They will be a close estimation of actual loan repayments if available at the terms entered, from a financial institution. Impeccable Division advises you to seek a professional opinion if you need an accurate figure. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Click the Reset button to clear all values.