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LOAN CALCULATOR

 

Use this calculator to determine simple loan payments. To use, enter the total number of payments (for example, a 36 month term would have 36 payments), the interest rate (enter 6% as 6.0) and principal (the amount you would like to borrow) and then hit the compute button.
No. of Payments Interest Rate Principal
 %
You loan payments will be . . .
 Monthly payment:
 Total payment: