The Monthly Payment Calculator gives you 2 calculators in one. You can figure your monthly payment based on item price, or you can determine the item price based on monthly payments.
With the Monthly Payment Calculator, you can enter the item price, down payment, rate and loan period to see how much your monthly payments will be.
Need to see how much you should borrow based on the target amount you can afford each month? Just fill in your target monthly payment, interest rate and the loan period, and you will see the amount that you can afford based on the information you entered.
-Requires Excel 2007 or Newer
-Macros NOT required