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A loan payment calculator is used for helping you to calculate a monthly payment for any type of loan. You can use it for a mortgage, car, boat, cottage, etc.

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Q: What is a loan payment calculator used for?
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Related questions

What is a loan payment interest calculator used for?

There are many uses for a loan payment interest calculator. I used them to calculate how long it will take to pay off my loan whether it is for a car, house, or even student loan.


Is it recommended that you use a loan payment interest calculator before taking out a loan?

You can use a loan payment interest calculator before taking out a loan but there are many factors that affect the outcome. Because of this, it should be used for reference purposes only.


Where can you download a student loan payment calculator?

CNN Money has a free student loan payment calculator available on their page. Wells Fargo also offers a free student loan payment calculator on their page as well.


Where online could one find a loan payment calculator?

You can find a loan payment calculator online at the Bankrate website. You can also use the Nationwide loan calculator as well as receive a loan through Nationwide.


How accurate is the student loan payment calculator?

The student loan payment calculator is very on point and accurate. You will be able to see how much you can get on your loan and how long you can keep it.


Is there a student loan payment calculator for all student loans?

Yes, there is usually a student loan payment calculator for most students loans. Some student loan payment calculators can be accessed through the internet.


What is a payment calculator loan?

This Loan Payment Calculator computes an estimate of the size of your monthly loan payments and the annual salary required to manage them without too much financial difficulty.The loan calculator also assumes that the loan will be repaid in equal monthly installments through standard loan amortization.


What is the mortgage rate calculator used for?

A mortgage rate calculator will take a person's mortgage loan amount and the interest rate associated with the loan and give you an estimated payment rate. Normally, an estimated monthly payment rate.


What is Balloon Payment Calculator?

The Balloon Payment Calculator is a very fast and flexible loan calculator which also handles balloon payments.


What is the purpose of a loan calculator?

The purpose of a loan calculator is multi-facet. The loan calculator can be used to calculate the rate of a mortgage loan for a home or loan for an automobile. This calculator can also provide the actual monthly payment for a loan based on the fixed or variable rate entered for determining the monthly rate and advise of the length of time or terms of the loan.


How does a balloon payment calculator work?

The balloon payment calculator takes into account your balloon payments, or your large usually last payment of your loan, and meshes it with your current loan and additional payments.


What's the best loan payment calculator?

This loan payment calculator at http://www.moneymanager.com.au/money/tools-and-guides/calculators/home-loan-repayments is a well known and very trusted.