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What else can I help you with?
Does a student loan calculator factor in interest?
Yes, most student loan calculators do automatically calculate interest in their payment estimators. However, it's very difficult to calculate an exact number using this system.
Do any websites have a simple loan calculator where I can calculate the monthly payment for a loan?
There are money online loan calculators that will provide you with monthly payment information and the total amount and interest you will re-pay over the life of the loan. Here is just one of them - http://www.yourloancalculator.com/
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 Figure out a payment on a loan?
Loan payment is a function of the following: Number of periods the loan will be payed (e.g. 36 months) Interest rate per period The loan amount After having all of this use excel PMT function to calculate the payment
How do you calculate the principal and interest payment for a loan?
To calculate the principal and interest payment for a loan, you can use the formula: Payment Principal x (Interest Rate / 12) / (1 - (1 Interest Rate / 12)(-Number of Payments)). This formula takes into account the loan amount (principal), the interest rate, and the number of payments.
What is the payment for a 3000 loan for 18 months?
Depends mostly on the interest rate. There are quite a few banks that have loan calculators on their website.
Where can I calculate my loan payment?
Here is a perfect website where you can calculate your loan and add whatever extra payments you want to see if they will make a worthwhile difference: http://www.bankrate.com/calculators/mortgages/loan-calculator.aspx
Are loan consolidation calculators reliable?
Loan Consolidation Calculators give the loanee information on how consolidating his or her loans will affect both their loan payment, loan balance, total interest, and time to repay the loans. Overall, these calculators seem to be reliable and are great tools for recent graduates before or during repayment.
How can you calculate your estimated auto loan payments?
You can calculate your auto loan payments by using an auto loan calculator that can be found on various websites. You will need to enter the following information into the online auto loan calculators: The purchase price, the cash rebate, the value of your trade in,what you had previously owed from your trade in, your down payment, and your interest rate.
Where can one find loan payment calculators online?
Many online companies offer loan payment calculators for free use. Companies include Bankrate and PNC Mortgage. Other mortgage companies such as nationwide also have online loan payment calculators.
How can I find the interest payment on a loan or investment?
To find the interest payment on a loan or investment, you can use the formula: Interest Principal x Rate x Time. The principal is the amount of money borrowed or invested, the rate is the interest rate, and the time is the duration of the loan or investment. Plug in these values to calculate the interest payment.
How does a car payment calculator work?
Car Payment Calculators estimate the monthly payment you'd be required to make based on the cost of the automobile, your down payment, and interest. Once you enter the cost of the vehicle, your down payment, your interest rate and the length of your loan, it will give you an estimate on what your monthly payments would be. There is a helpful calculator here: http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx Hope this helps.
