Your Results

Beginning balance of loan..: $10000.00

Minimum monthly payment..: $800.00

Maximum monthly payment.:$1200.00

Annual interest rate:7.50%

Total Interest on your Loan

Using the minimum payment you'll pay $444.88($31.78 average per month) in total interest.

Using the maximum payment you'll pay $302.79($33.64 average per month) in total interest.