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Calculate total principal plus simple interest on an investment or savings. Simple interest calculator with formulas and calculations to solve for principal, interest rate, number of periods or final investment value. A = P(1 + rt)

Reverse Mortgage Calculator. Do you want to estimate what your remaining equity balance will be a few years out from today? Use this free calculator to help determine your future loan balance. This tool is designed to show you how compounding interest can make the outstanding balance of a reverse mortgage rapidly grow over a period of time.

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Calculator Use. Calculate compound interest on an investment or savings. Using the compound interest formula, calculate principal plus interest or principal or rate or time. Includes compound interest formulas to find principal, interest rates or final investment value including continuous compounding A = Pe^rt.

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Calculate the simple interest for the loan or principal amount of Rs. 5000 with the interest rate of 10% per annum and the time period of 5 years. P = 5000, R = 10% and T = 5 Years Applying the values in the formula, you will get the simple interest as 2500 by multiplying the loan amount (payment) with the interest rate and the time period.

If monthly interest is calculated for 3 years, then compound interest will need to be calculated for 36 periods, at the period interest rate. Compound interest is also used to determine the net present value of a financial asset from a different period of time. The calculator above serves as a net present value calculator.