Loan Payment Calculator
A loan payment calculator allows you the ability to figure out what is known as a loan amortization schedule which is another way of referring to the number and size of monthly payments you will make to pay off a loan. The
amortization calculator found on this website above is typically used to calculate home mortgage or auto loans.
Break-up of Principal & interest
One of the feature we here at the website, Mortgage Calculator find particularly useful with the
amortization calculator above is the break-up of the total payment
that shows exactly how much interest will be paid over the course of the loan.
The total interest payable changes as you change variables such
as Loan Amount, Interest Rate, and or Amortization Period.
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Special thanks to
Styleshout for this template.
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Last Updated: June 6, 2017