Payments Calculator

A payments calculator can be used to determine the total number of payments required to fully repay a fixed sum of money, and it also provides information about the remaining number of payments.

To begin the calculation, the user must input the present value and the future value.

Next, the annual interest rate must be entered as a percentage.

Finally, the payment amount and payment frequency must be entered.

All of this data can be filled in using the boxes provided.

The final answer, showing the number of payments required and the time needed, will be displayed at the bottom.