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Evaluate your options.
Use this calculator to determine your payments or loan amount for different payment frequencies.
You can make payments weekly, biweekly, semimonthly, monthly, bimonthly, quarterly, semiannually or annually. You can then examine your principal balances by payment, total of all payments made, and total interest paid.
Alternative Payment Frequencies Definitions
Loan amount: Total amount of your loan.
Payment: Payment for this loan.
Interest rate: Annual interest rate for this loan. Interest is calculated each period on the current outstanding balance of your loan. The periodic rate is your annual rate divided by the number of periods per year.
Number of payments: Number of payments for this loan.
Payment frequency: Choose how often payments will be made. The options are weekly (52 payments per year), bi-weekly (26 payments per year), semi-monthly (24 payments per year), monthly (12 payments per year), bi-monthly (6 payments per year), quarterly (4 payments per year), semi-annual (2 payments per year), and annually (1 payment per year).
Interest paid: Total amount of interest that will be paid on this loan. This total assumes all payments are made as scheduled, and there are no prepayments of principal.
Total payments: Total all payments for this loan. This includes all interest and principal. This total assumes all payments are made as scheduled, and there are no prepayments of principal.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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Economic Updates
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Economic and Social Disruptors: Mega Trends
Top Producers’ Response to Inflation, Interest Rates and Volatile Times
An Executive Mindset, Regardless of Size
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Getting Started: First Generation
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The Five Percent Better Challenge
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Strategies for Business Success
Farm and Ranch Land Perspectives
Steps for Managing Risk and Opportunities
The Global Economic Shuffle
Pitfalls of Business Transition
Booms and Busts of Land Values
Financial Sensitivity Testing
Quick Hitter Questions
Top Producers’ Response to Inflation, Interest Rates and Volatile Times
An Executive Mindset, Regardless of Size
What Got You Here Will Not Get You There!
Getting Started: First Generation
Spring Radar Screen
Interest Rate Scenarios for Financial Projections
The Five Percent Better Challenge
A Dose of the Real World
Strategies for Business Success
Farm and Ranch Land Perspectives
Steps for Managing Risk and Opportunities
The Global Economic Shuffle
Pitfalls of Business Transition
Booms and Busts of Land Values
Financial Sensitivity Testing
Quick Hitter Questions
Updates from the Fed
Quarterly Economic Update