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## 2 Comments on “Fixed Principal Payment Calculator”

Join the conversation. Tell me what you think.
• ##### Tamarasays:

Where can I get an amortization schedule for an interest free personal loan with a fixed monthly payment?

• ##### Karlsays:

You can use this amortization calculator.

Normally, setting one of the 4 main inputs (loan amount, number of payments, interest rate or payment amount) to zero causes the calculator to solve for that input.

In your case, since there’s no interest, the interest rate is 0.0%, and you’ll not want the calculator to solve for a rate.

Therefore, look at the "amortization method" and select "No Interest".(Then you can enter zero for the interest rate.)

Hope this helps.

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