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Future Value of Loan Balance

Future Value of loan balance is used to determine the outstanding balance of a loan at a future time after several regular payments have been made. Use the future value of loan balance calculator below to solve the formula.

Future Value of Loan Balance Definition

Future Value of Loan Balance determines the future value of a loan after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.

Variables

FV=Future Value of loan balance
PV=Present Value of loan Balance
I=Period interest rate
N=Number of payments
Pmt=Payment amount

 


Future Value of Loan Balance Formula

 

 

 

 

 

 

 

 

 

 

 

Period Interest Rate solved by iteration

 

 

 

 

 

 

 

 




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