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You could try contacting your local bank for any advice and support on calculating loans, or Surfing the internet for quick and easy calculations and answers. Be careful of scammers and frauds.

* * * * *

Alternatively, you could try the following, which should not take you more than 5 minutes!

Suppose you want to borrow the amount P,

for Y years, and

the annual interest rate is R per cent.

then the total interest due is: P*Y*R/100

Done!

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Q: Simple interest loan calculators are found where?
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Related questions

Where can you find information about simple interest loan calculators?

Almost all financial and lending institutions have free simple interest loan calculators on their webites. Chase and Bank of America are two companies that make this available.


Is a simple interest loan calculator simple?

Yes, usually these calculators just allow you to put in the principal amount of the loan, number of months the loan is over, and the interest rate and it helps you figure out your problems.


Do most car dealers use simple interest loan calculators?

Yes most car dealers do use what is known as the simple car loan interest calculator. If the dealer you thinking of purchasing from has a webpage, most of these contain a calculator online as well.


Do the car loan payment calculators calculate interest of the car?

Yes, car loan payment calculators should calculate interest of the car loan. They will most likely ask you to enter the interest rate, so they can include interests in their calculations.


What is a good interest payment calculator?

You can find this information at the following sites I found for you to look at. Here are the sites you should look at www.bankrate.com/calculators/mortgages/loan-calculator.aspx ,www.yourmortgage.com.au/calculators/


Is it simple to use loan calculators?

You can find loan calculators online that do all of the work for you. Bankrate.com has several different financial calculators to use. You simply plug in your numbers and it does the rest.


Where can I find an auto loan calculator?

There are several useful auto loan calculators online. The one found at http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx gives you a lot of information/


Where can a auto loan calculator be found?

Auto loan calculators can be found on many different websites. Although, it is best to use the loan calculators on the site of the company that you are interested in using. This will give you the most accurate estimate.


Do any websites have a simple loan calculator where I can calculate the monthly payment for a loan?

There are money online loan calculators that will provide you with monthly payment information and the total amount and interest you will re-pay over the life of the loan. Here is just one of them - http://www.yourloancalculator.com/


Where can loan consolidation interest rates be compared?

Online loan calculators such as FinAid can be used to compare loan consolidation interest rates. You can also visit bank websites and compare manually.


Are loan consolidation calculators reliable?

Loan Consolidation Calculators give the loanee information on how consolidating his or her loans will affect both their loan payment, loan balance, total interest, and time to repay the loans. Overall, these calculators seem to be reliable and are great tools for recent graduates before or during repayment.


Where can I find business loan calculators?

Business loan calculators are found on numerous banking websites. You can find them on websites such as bankrate, citizenbank and RBCbank where they are free of charge.