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Amortizing Loan Calculator
Enter your desired payment - and let us calculate your loan amount. Or, enter in the loan amount and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made, and total interest paid. Press the report button to see a monthly payment schedule.Financial Calculators from
Dinkytown.net
Loan inputs: |
Balances for a KJE1 loan |
Total Principal and Interest by Year |
Definitions
Monthly payment
Monthly payment for this loan.
Term in months
Number of months for this loan.
Loan amount
Total amount of your loan.
Interest rate
Annual interest rate for this loan. Interest is calculated monthly on the current outstanding balance of your loan at 1/12 of the annual rate.
Horizon Bank
502 Franklin Street
Michigan City, IN 46360