Agricultural Economics Department
Date of this Version
6-12-2023
Document Type
Article
Citation
Groskopf, J. “New Loan Payment Calculator Tool Launched.” CAP Series 23-0604, Center for Agricultural Profitability, University of Nebraska-Lincoln, June 12, 2023. DOI: 10.32873/unl.dc.cap007.
Abstract
The Center for Ag Profitability has released its Loan Payment Calculator, a web-based tool that makes it easy to calculate annual loan payments. Users must enter the total purchase amount, down payment amount, annual interest rate (APR), duration in years, and the starting year of the loan. The calculator tool allows users to download the payment schedule, also called amortization, as a PDF or CSV file.