What will my monthly payment be?

The loan amount, the interest rate, and the term of the loan can have a dramatic effect on the total amount you will eventually pay on a loan. Calculate the payment and see the impact of these variables on a specified loan amount complete with an amortization schedule. Please be advised, the monthly minimum payment must be $50.

Loan Information
Loan amount ($)
Annual interest rate (%)
Term of loan (months)

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