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Loan Interest Calculator PDF Print E-mail

Our free calculator will figure your monthly payment and show how much interest you will pay over the life of any loan you specify. This calculator will produce an amortization schedule which shows the portion of each monthly payment dedicated to interest expenses versus principal paydown. You can also see what your remaining principal balance will be after each monthly payment. Readers of our Car Book will recognize this calculator as a generalization of Table 13.

Note: only basic monthly payment information is available from our loan calculator while we are still improving our new website.