


Enter information regarding your
loan in the calculator above. Things to keep in mind:
 Principal Amount of Loan  Enter the
beginning balance of the loan. For loans, this is
usually determined by adding the purchase price, then deducting the down payment.
 Annual Interest Rate  This
calculator requires an interest rate between 1.0% and 50%.
You may enter any increments above 1.0%  for instance,
8.125% would be valid to enter.
 Term of Loan  Must be at least 1
year. Enter increments of whole years using a decimal point.
For instance, you would enter 1 ½ years as 1.5 years.
 Monthly Loan Payment will be
calculated after you enter information and click on the
"Calculate" button.

REMINDER: If this is a
Sample
loan, the monthly payment does NOT include an amount for taxes and/or
insurance. Note: your credit rating will affect the actual
interest rate.    
