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COMPOUND INTEREST
Principal Months
1 = .08
2 = .17
3 = .25
4 = .33
5 = .42
6 = .50
7 = .58
8 = .67
9 = .75
10 = .83
11 = .92
Rate
Years
Amount
Interest

This free script provided by
JavaScript Kit

The results of this LOAN PAYMENT CALCULATOR are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.

Description Data Entry
Loan Amount
Loan Length in Months
Interest Rate
Monthly Payment Calculated
Enter only numeric values (no commas), using decimal points where needed.
Non-numeric values will cause errors.

This free script provided by
JavaScript Kit

 

6801 Lake Plaza Drive, Suite B-201, Indianapolis, Indiana 46220 Tel: (317)849-4628 Fax: (317)849-4645 or E-mail Us

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