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It depends on the term of the loan, the interest rate, and details of the loan contract that may vary widely. For example, the contract may call for payment only of the interest until the end of the term, at which time the loan amount ($7000) must be paid. Or the contract may call for monthly payments calculated to pay the interest plus a portion of the loan amount so that the loan will be paid in full at the end of the term.
What else can I help you with?
Do zero dollar payments count toward loan forgiveness?
No, zero dollar payments do not count toward loan forgiveness.
How much are payments on a 2 million dollar loan?
at 5 % interest rate: $12,800 per month if it's 30 year home mortgage loan. or $23,300 per month if it's 10 year personal or business loan. wassallam
What would the payments be for a 7500.00 dollar loan?
Depends on term an interest rate
If you make payments every month can you still lose your house?
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
A 1000 dollar loan you can pay back 200 a month?
yes
How much will payments be a month for a 17400 dollar loan at 3.5 percent for 3 years?
$509.86 per month.
Do zero dollar payments count toward loan forgiveness?
No, zero dollar payments do not count toward loan forgiveness.
How much are payments on a 2 million dollar loan?
at 5 % interest rate: $12,800 per month if it's 30 year home mortgage loan. or $23,300 per month if it's 10 year personal or business loan. wassallam
What would the payments be for a 7500.00 dollar loan?
Depends on term an interest rate
Why do home equity line of credit payments change from month to month?
It is all good news. The interest portion of the payments are based on the number of days of the month as well as the principal remaining on the loan. Also, part of your payment reduces the amount of your loan (principal) that you are paying on.
If you make payments every month can you still lose your house?
No, because you are meeting the requirement's of the loan. It is when you stop paying the loan payments that you loose your house. Then, they have a reason to get their money back.
How do you calculate Interest rate if loan amount and monthly payments and loan amount is given?
17k 300 per month
A 1000 dollar loan you can pay back 200 a month?
yes
What would payments be on a six thousand dollar loan with a fourteen percent interest rate?
260.00
Sherri has a gross monthly salary of 4700 She has a 425 car loan payment and a 330 student loan payment due each month She also has two credit card loan payments each month one of 127 and the?
Sherri has a gross monthly salary of 4700 She has a 425 car loan payment and a 330 student loan payment due each month She also has two credit card loan payments each month one of 127 and the other is 527.
How much will be your payment for a 1.5million dollar business loan?
The payment will depend on the interest rate charged on the loan. As an example, a monthly repayment on a 1.5million dollar loan, negotiated over 30 years at 7% interest would be $9,979 each month. Calculate that each month over 30 years and you would get the total amount that you would repay - $3,592,440. Virtually all banks have some sort of repayment calculator on them, which is helpful in finding what payments will be.
How often will a lender of a car loan check your credit report if all payments are made on each month?
While you are meeting the terms of the loan contract and making all the payments required on time, the lender will not see that there is any problem with your loan.
