Remaining Loan Balance
Find the balance after a chosen number of equal payments.
Your numbers
Remaining principal
Educational estimate using your entered assumptions; no live prices, tax rules or guaranteed returns.
Scenario comparison
Up to three snapshots in this tab. Loading one replaces the current inputs.
Formula
r=R/1200; r>0: Bₖ=P(1+r)ᵏ−A[(1+r)ᵏ−1]/r; r=0: Bₖ=P−kA
Find the balance after a chosen number of equal payments.
Worked example
- Original principal
- 12000
- Nominal annual rate (%)
- 0
- Term in months
- 12
- Payments already made
- 5
- Remaining principal
- 7,000
- Scheduled monthly payment
- 1,000
Scope and limitations
Educational estimate using your entered assumptions; no live prices, tax rules or guaranteed returns.
Inputs are checked for missing values and allowed ranges. A result outside the finite numeric range is not displayed. Rounding affects display, while the calculation uses the model’s numeric precision.
Check your units and assumptions before relying on a result. Changing a label does not convert a currency or physical unit.
Formula version: 012fba3b3e7c · Example checked: