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the monthly payment is calculated based on the following:

1. loan amount

2. loan interest rate

3. term of loan

Use the easy loan calculator below with your own figures.

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16y ago

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Related Questions

How can I calculate the monthly payment with APR?

To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.


How can you calculate your monthly payment?

To calculate your monthly payment, you can use a formula that takes into account the loan amount, interest rate, and loan term. This formula is typically used for loans such as mortgages or car loans. You can also use online calculators or financial apps to help you determine your monthly payment amount.


How do you calculate the monthly principal payment on a loan?

To calculate the monthly principal payment on a loan, you can use the formula: Monthly Payment Total Loan Amount / Loan Term in Months. This will give you the amount of principal you need to pay each month to gradually pay off the loan over the specified term.


How do I calculate my monthly car payments for it?

This is a very good website to calculate the monthly car payments: http://autos.aol.com/calculators/car-payment-calculator/ or http://www.carmax.com/enus/car-payment-estimates-calculator/default.html


Amortizing Loan Calculator?

Amortizing Loan Calculator Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule.


How can I estimate my car payment?

You can calculate this on a monthly loan calculator, available online. You must input information and it will give you an estimate of your monthly loan payments.


How do you calculate the Principal repaid after a period of time on a loan?

get the difference of interest rate and monthly periodic payment


What is a loan payment calculator used for?

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.


What kind of information do I need to calculate the monthly payments on my loan?

You monthly payment on a loan is largely based on your monthly income. usually you are expected to pay 15% percent of you income to you debtors or creditors.


How do you calculate the monthly credit card payment?

To calculate the monthly credit card payment, you can use the formula: Payment (Balance x (Interest Rate/12)) / (1 - (1 Interest Rate/12)-Number of Months). This formula takes into account the balance on the card, the interest rate, and the number of months you want to pay off the balance.


How much would a monthly car payment be on a 21000 car?

Need down, interest rate and term to calculate


How does the down payment affect the monthly payment amount when purchasing a car?

The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.