Standard Loan Payment Schedule

You can use this calculator to determine a payment amount and produce a payment schedule for a standard loan.

To open this calculator, click Calculators in the toolbar, and then click Other Loan > Standard Loan Payment Schedule in the left panel.

You can export the data as a PDF file or clear all data that you entered. For more information, see Financial calculators.


What is the monthly payment for a $10,000 loan with a term of five years, paying 10% interest?

Field Input
Loan amount $10,000
Payments per year 12
Years of payments 5
Annual interest rate 10%
Compounded Payment Date

In this example, the monthly payment is $212.47.


  • The compounded daily calculation uses 365 days. You can also compound interest using each payment date.
  • The difference between the interest rate and the effective interest rate is due to the compounding of interest.

Internal notes


Contact us

Was this article helpful?