Loan Interest Calculator
How much interest will I have to pay?
  • Beginning Balance of Loan
  • Minimum Monthly payment
  • Maximum Monthly payment
  • annual percentage rate(%) (fixed loan)

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.

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