Solve For
Variables
N Number of Years
years
Term length (auto-converts to periods)
I/Y Interest Rate
% per yr
Annual interest rate
PV Present Value
$
Negative = cash outflow (investment/loan)
PMT Payment
$
Periodic payment amount
FV Future Value
$
Ending value / balloon payment
Quick Examples
Payment (PMT)
$--
Enter values and click Calculate
N
-- yrs
I/Y
--%
PV
$--
PMT
$--
FV
$--
Formula: Solving for PMT
PMT = −(PV + FV × (1+i)−N) ÷ [((1−(1+i)−N) / i)]
Where i = periodic interest rate (I/Y ÷ periods per year)