The Payment Calculator can determine the monthly payment amount or loan term for a fixed interest loan. Use the "Fixed Term" tab to calculate the monthly payment of a fixed-term loan. Use the "Fixed Payments" tab to calculate the time to pay off a loan with a fixed monthly payment.
Total of Payments:
Total Interest:
Amortization schedule
Year | Interest | Principal | Ending Balance |
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Month | Interest | Principal | Ending Balance |
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Total of Payments:
Total Interest:
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