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Loan Payment Calculator

Union Bank offers loans for all budgets and lifestyles. This calculator gives you two ways to determine how much you can afford. Either enter your desired monthly payment to calculate your loan amount, or enter a desired loan amount to calculate your monthly payment schedule.

1. Information Entry 2. Summary Results 3. Detailed Report
To Calculate Monthly Payment, Enter: OR To Calculate Loan Amount, Enter:
** Loan Amount:  ** Monthly Payment: 
    ** Only enter information in ONE of the above fields
* Term in Months:   * Interest Rate:  
    * Indicates a required field
Calculate


Description of Terms

Monthly Payment

Monthly payment for this loan.

Interest Rate

Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.

Term

Number of months for this loan.

Loan Amount

Total amount of your loan.

Union Bank calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.