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Using the calculator is straight forward. User enters a "loan amount", "number of months", "annual interest rate". The calculator calculates the number of monthly payments.
The "Payment Method" determines when the first payment is due. With the default selection, "End-of-Period", the first payment will be due one month after the loan is made. If "Start-of-Period" is selected, then the first payment will be due on the loan date.
The term (duration) of the loan is expressed as a number of months.
Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://financial-calculators.com/loan-calculator
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
It’s with deep grief that Management and Staff of Goldstar Insurance inform the public the sad demise of our beloved Babirye Norine.
Norine joined Goldstar Insurance in 2014 and had served diligently till her passing. In her loss, a bright light has been extinguished. Goldstar Insurance extends our condolences to Norine’s family and friends. May God give you strength in this difficult time. May her soul rest in eternal peace.
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