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Farm Loan Calculator

Our interactive payment calculator can help you determine relative financing costs, based on your own inputs.

Farmer using a smartphone in a field

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Calculate:
$
$0$10k$100k$1m
Payment:
%
0%12%24%36%
1161320480
Total interest paid:
$3,632.53
Total payments:
$13,382.53
$0$1$2$3$4$5$6$7$8$9$1012345Year NumberThousands of Dollars
$0$500$1,000$1,500$2,000$2,500$3,00012345Year Number
PrincipalInterest

Definitions

Loan amount

Total amount of your loan.

Payment

Payment for this loan.

Interest rate

Annual interest rate for this loan. Interest is calculated each period on the current outstanding balance of your loan. The periodic rate is your annual rate divided by the number of periods per year.

Number of payments

Number of payments for this loan.

Payment frequency

Choose how often payments will be made. The options are monthly (12 payments per year), quarterly (4 payments per year), semi-annual (2 payments per year), and annually (1 payment per year).

Interest paid

Total amount of interest that will be paid on this loan. This assumes all payments are made as scheduled and there are no prepayments of principal.

Total payments

Total of all payments for this loan. This includes principal and interest and assumes all payments are made as scheduled.