To calculate an approximate monthly loan payment, follow these steps:

  1. Enter the number of payments (12, 24, 36, etc)
  2. Enter the interest rate (7, 8.5, 9.25, etc). Do NOT use a percent sign.
  3. Enter the principle amount (the amount you wish to borrow). Do NOT enter a dollar sign.
  4. Click the "calculate" button to see the resulting payment and interest.

Simply Complete These Three steps:

 See Your Payment Here See Your Interest Cost Here
Number of
Monthly
Payments
Simple
Interest
Rate
Principal
Amount
of Loan
Your
Monthly
Payment
Will Be
Your
Total
Interest Cost
Will Be
$

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