This tool will help you calculate the total amount of deferred interest on your loan.

## Deferred Interest Calculator

This calculator helps you determine the total amount you will pay, including deferred interest, if you are financing a purchase or taking a loan with deferred interest terms.

### How to Use It

- Enter the principal amount (the total amount of the loan or financing).
- Enter the annual interest rate as a percentage.
- Enter the term of the loan or financing in months.
- Enter the amount of your monthly payment.
- Click the “Calculate” button to get the result.

### How It Calculates the Results

The deferred interest calculator computes the total payment amount by calculating the monthly interest based on the annual rate, and then applying it to the principal for the duration specified. Deferred interest adds the interest accrued over the term, minus the monthly payments made.

### Limitations

- The calculator assumes fixed interest rates and fixed monthly payments throughout the term.
- It does not account for any additional fees or charges that may be incurred.
- It provides an estimation and might differ from actual payment scenarios based on specific terms and conditions.