# The Installment Loan Formula: Determining Remaining Balance

– WELCOME TO A LESSON ON HOW TO DETERMINE THE REMAINING LOAN BALANCE AFTER A CERTAIN NUMBER OF YEARS USING THE LOAN FORMULA. WITH LOANS IT IS OFTEN DESIRABLE TO DETERMINE WHAT THE REMAINING LOAN BALANCE WILL BE AFTER SOME NUMBER OF YEARS. FOR EXAMPLE, IF YOU PURCHASE A HOME AND PLAN TO SELL IT