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Loan Calculator

The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.



Loan Amount
Loan Length in Months
Interest Rate
Monthly Payment



* Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.

Note: Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide financial advice. Southern Bancorp cannot and does not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to consult a financial professional regarding all personal finance issues.

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