Motorcycle Loan Calculator: Monthly Payments
Estimate monthly payments for a motorcycle or bike.
Financing a Motorcycle
Motorcycle loans typically have shorter terms (36-60 months) and slightly higher interest rates than car loans. Use this tool to budget for your ride.
Formula Used
- Calculates the Principal (Price - Down Payment).
- Applies the standard amortization formula: M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1 ].
- Shows total interest paid over the life of the loan.