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Loan Payment Calculator

To use the loan calculator enter:

  • Loan amount in whole dollars (do not insert commas).
  • Term of loan in years. A typical energy loan is for 10 to 20 years and should not exceed the useful life of project.
  • Annual interest rate in two decimal places (example: 6.50). For current rates, please contact program staff.
  • Payment Type: Principal and interest is used for a regular amortizing loan. Interest-only payments may be available during project installation.

 

Loan Amount $  
Term (years)  
Interest Rate %
Payment Type
 
 
 
Monthly Payment $