Personal Finance
Finance Charge Calculator
Total finance (interest) charge on an amortizing loan.
Free to use — no sign-up or login.
Finance charge
Payment per period
Total paid
Amortization schedule
| # | Date | Payment | Principal | Extra | Interest | Balance |
|---|---|---|---|---|---|---|
This free Finance Charge Calculator covers Total finance (interest) charge on an amortizing loan.
The finance charge is the interest cost of borrowing over the full term. Related personal finance tools sit beside How it works, with no account required.
Using the Finance Charge Calculator
Total finance (interest) charge on an amortizing loan. Typical inputs are Loan amount ($), Annual rate (%), Term (years) and Payments per year. How it works beside the form states the identity the Finance Charge Calculator applies.
FAQ
How do I use the Finance Charge Calculator?
Open the Finance Charge Calculator, fill Loan amount ($), Annual rate (%), Term (years) and Payments per year, and read the result. Compute total paid from fixed payments, then subtract principal.
What formula does the Finance Charge Calculator use?
The Finance Charge Calculator uses the identity in How it works. In words: Compute total paid from fixed payments, then subtract principal.
Assumptions and limitations
Personal finance figures are illustrative. Taxes, insurance, fees, and lender overlays are omitted unless a field names them. This is not financial advice.