Kastavo

Financing Calculator (Price Table / Amortization)

Enter the financed amount, the interest rate per installment, and the number of installments to calculate the fixed payment.

$587.50
Total paid$28,200.00
Total interest$8,200.00

How it works

The Price table (French amortization system) is the most common fixed-installment model for financing: every payment is the same size, but the mix of interest and principal amortization within it shifts each period — early on, most of the payment is interest; later, most of it is principal. The fixed-payment formula is PMT = PV × i / (1 − (1+i)^−n), where PV is the financed amount, i is the interest rate per installment (as a decimal), and n is the number of installments.

Frequently asked questions

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