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Definitions
Starting balance: Your original balance when you received this loan.
Payment: Your monthly payment for this loan.
Term: Total number of months for this loan.
Interest rate: The interest rate you pay on this loan. This value is calculated based on your monthly payment, loan balance and term.
Months left: Total number of months left to pay on this loan.
Current balance: Your current outstanding balance for this loan. This value is calculated based on the number of months you have remaining to pay.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regard to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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