Skip Navigation Citizens Savings Bank Lending Personal Business Connect Resources Search LOGIN HOME > CALCULATOR Loan & Credit Line Payment Calculator VIEW ALL CALCULATORS Loan & Credit Line Payment This calculator helps determine your loan or line payment. For a loan payment, select fixed-term loan. For a credit line payment, you can choose 2%, 1.5% or 1.0% of the outstanding balance or interest only. fixed rate term 100% of interest owed 1% of balance 1.5% of balance 2% of balance Definitions Loan amount Total dollar amount of your loan. Interest rate The annual interest rate, often called an annual percentage rate (APR) for this loan or line of credit. Monthly payment Monthly principal and interest payment (PI) for this loan or line of credit. Term in months Number of months for this loan or line of credit. Payment options Select the option that matches your payment type: Fixed rate term Traditional amortization produces a fixed monthly payment. The monthly payment calculated will leave a zero balance at the end of the loan's term. 2%, 1.5% or 1% of balance Your minimum payment is calculated as a percentage of the outstanding principal balance. Your minimum payment will change each month, and if you only make the minimum payment your balance will not be zero at the end of your loan's term. 100% of interest owed For lines paying interest owed, your payment is 100% of the interest accrued during the month but no principal. Your payment may not be fixed if your interest rate or principal balance changes. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do 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 seek personalized advice from qualified professionals regarding all personal finance issues. (985) 735-6555 Locate Us > Privacy Policy Security Policy Disclosures All Rights Reserved. Copyright 2021 Citizens Savings Bank.