Remaining Balance Calculator

Remaining Balance Calculator

Amount of Loan?:
Total Periods? (#):
Annual Rate?:
Balance AFTER Payment? (#):
Payment Period?:
Compounding Period?:
Payment Method?:
Amortizing Method?:

Remaining Balance:
Periodic Payment:
This free, online loan calculator (c) 2010 Pine Grove Software, LLC All rights reserved.

The remaining balance calculator calculates the principal balance after a particular payment number.

If you have a four year car loan and you've made a year and a half of monthly payments (18 months), this calculator will tell you the balance of the loan.

Enter the original loan amount, say $28,500. Enter 48 for the number of payments assuming a four year loan with monthly payments. If 18 payments have been made then enter 18 for balance after payment number.

NOTE: The actual balance may vary slightly. This is because the calculator calculates the balance after the payment. If some days have passed since the payment was made, then interest is accruing for those days since the last payment.