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How will prepaying change my loan?

This calculator takes a principal amount, interest rate, normal length of the loan and either how much total a month to pay or how long you want to pay. Then it thinks...

NEW Now also calculates for credit cards and other non amortized lines of credit that use simple compounding of interest.


Enter your loan amount: -
Your interest rate: % (1 to 100)
Amortized Length of mortgage:
Enter "0" for credit card and other non amortized lines of credit
This is value you want to set

(For a loan of $ at a interest rate of % for years)

You entered $ 0.00

You paid it off in 0 months ( 0.000 years)

  • Your total interest : $ 0.00  
  • February 03rd, 2012

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