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| LOAN CALCULATOR |
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Enter information regarding your loan in the calculator above. Keep
in mind:
- Principal Amount of Loan - Enter
the beginning balance of the loan. For mortgage loans, this is
usually determined by adding the home purchase price and closing
costs, then deducting the down payment.
- Annual Interest Rate - This
calculator requires an interest rate between 1.0% and 50%. You
may enter any increments above 1.0% -- for instance, 6.725% would
be valid to enter.
- Term of Loan - Must be
at least 1 year. Enter increments of whole years using a decimal
point. For instance, you would enter 6 ½ years as 6.5 years.
- Monthly Loan Payment will
be calculated after you enter information and click on the "Calculate" button.
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REMINDER:
If this is a mortgage loan, the monthly payment does NOT include an amount
for property taxes and/or insurance. |
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| Call Rick at 254-3922 |
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