Loan Comparison
Calculator |
 |
To calculate the payment amount
and the total interest of any fixed term loan,
simply fill in the 3 left-hand cells of the
first row and then click on "compute." Use
the other three rows to see what effects are
produced by changing any one of the loan's
original variables. Use decimal points and
numbers only, (no dollars signs or commas).
|
|
|
# of
Pmts
|
Interest
Rate
|
Principal
|
|
Monthly
payment
|
Total
Interest
|
|
|