Unexpectedly Intriguing!
01 July 2005

Borrowing money. Nothing defines the modern consumer quite like this activity. Houses, cars, education - you name it, you can borrow money to pay for it! That's why Political Calculations(TM) has developed the Simple Loan Estimator, which you may use to estimate how much your payments will be, how much you'll pay over the natural life of your loan (both interest and total) and even how much you would owe if you were to pay off your loan on some arbitrary date during its lifespan. Enter the indicated data in the table below, and click "Calculate" to get your estimated payment data:

Basic Loan Information
Input Data Values
Amount Borrowed ($USD)
Annual Interest Rate (%)
Term of Loan (Years)
Frequency of Payments
Payment Date Information
Date Month Day, Year
First Payment Due ,
Arbitrary Payoff Date ,

Estimated Loan Payment Data
Calculated Results Values ($USD)
Payment Amount (Principal + Interest)
Estimated Totals for Life of Loan
Calculated Results Values ($USD)
Total of Payments
Total Interest Paid
Estimated Balance Due Data
Calculated Results Values ($USD)
Balance Due on Arbitrary Payoff Date

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About Political Calculations

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations

Thanks in advance!

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