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Alternative Payment Frequencies


Use this calculator to determine your payment or loan amount for different payment frequencies. You can make payments weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annually or annually. You can then examine your principal balances by payment, total of all payments made, and total interest paid.

Definitions

Payment
 
 
 

Payment for this loan.

 
Interest Rate
 
 
 

Annual interest rate for this loan. Interest is calculated per period on the current outstanding balance of your loan at the annual rate divided by the number of annual periods.

 
Payment
 
 
 

The type of payment for this loan. The options are weekly (52 payments per year), bi-weekly (26 payments per year), semi-monthly (24 payments per year), monthly (12 payments per year), bi-monthly (6 payments per year), quarterly (4 payments per year), semi-annual (2 payments per year), and annually (1 payment per year).

 
Number of Payments
 
 
 

Number of periods for this loan. This is the total number of scheduled payments for the loan.

 
Loan Amount
 
 
 

Total beginning loan balance.

 
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 can not 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.
Current Rates
Auto (New)
4.85
Auto (Used)
5.15
Boat/RV
8.65
Motorcycle
9.65

Contact Us
P.O. Box 3137
Thomasville, GA 31799
229.228.6860
800.659.6877
229.228.9233
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