Loan Calculator

Simple Loan Payment Calculator

Enter the principal, interest and number of years for the loan you are considering in the spaces provided below. When finished, click "calculate payment" to determine the approximate payment. The payments for this type of loan can be applied to a mortgage, car loan, or any other simple interest amortization over a fixed time with fixed monthly payments.

Principal
Interest
Number of Years:

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This calculator is provided to assist you with your financial decisions. The result does not necessarily reflect a First Minnetonka City Bank calculation. Please contact the bank for information regarding specific FMCB products.