Enhanced loan calculator

If you are considering a big purchase, you may be thinking about taking out a loan. Use this calculator to see how different loan factors could impact your finances then connect with an Ameriprise financial advisor who can provide personalized advice based on your unique financial situation.

Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.

Financial Calculators from
Dinkytown.net

Enhanced loan calculator | Ameriprise Financial

*indicates required.

Enhanced Loan Inputs:

Calculate for:*This entry is required.

Loan amount:*This entry is required.Enter an amount between $0 and $10,000,000

Interest rate:*This entry is required.Enter an amount between 0% and 24%

Monthly payment:*This entry is required.Enter an amount between $0.00 and $100,000.00

Term in months:*This entry is required.Enter an amount between 1 and 360

Report amortization:

Report amortization

Annually

Monthly

**FIG_GRAPHTITLE** Line Graph: Please use the calculator's report to see detailed calculation results in tabular form.

Loan Balance by Month

Definitions

Monthly payment

Monthly payment for this loan.

Interest rate

Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.

Term in months

Number of months for this loan.

Loan amount

Total amount of your loan.

An Ameriprise financial advisor can help you plan for big purchases and stay on the path to a confident retirement.

Background and qualification information is available at FINRA's BrokerCheck website.

The information in this document is provided by a third party and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed by Ameriprise Financial Services, LLC. While the publisher has been diligent in attempting to provide accurate information, the accuracy of the information cannot be guaranteed. Laws and regulations change frequently, and are subject to differing legal interpretations. Accordingly, neither the publisher nor any of its licensees or their distributees shall be liable for any loss or damage caused, or alleged to have been caused, by the use or reliance upon this service.

Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

Services offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.