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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. Click
here for current rates.
Note:
When entering numbers into the data
fields only use numbers and applicable
decimal points. Entering commas, dollar
signs, or any other non-numeric characters
will cause an error.
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