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How will prepaying effect my loan?

This calculator takes a principal amount, interest rate, normal length of the loan and either how much total a month to pay or how long you want to pay. Also calculates for credit cards and other non amortized lines of credit that use simple compounding of interest.

Loan Amount
Amortized Length of Loan (years)
Enter 0 for credit cards.
Annual Interest Rate (%)
Select an option
Pay this loan off in this many years
I can pay this much per month
Show Amortization Table

 

 

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