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    Loan Calculator

    Uploaded by

    dattatray bhanuse
    The document summarizes a $500,000 loan over 5 years at 12% annual interest. It shows the loan will have monthly payments of $11,122.22 for 60 months. In total, the loan will cost $667,333.43, which includes $500,000 in principal and $167,333.43 in interest. The loan calculator then provides a breakdown of the monthly payments, principal, interest, and remaining balance over the full 60 month term of the loan.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Loan Calculator

    Uploaded by

    dattatray bhanuse
    82 views7 pages
    The document summarizes a $500,000 loan over 5 years at 12% annual interest. It shows the loan will have monthly payments of $11,122.22 for 60 months. In total, the loan will cost $667,333.43, which includes $500,000 in principal and $167,333.43 in interest. The loan calculator then provides a breakdown of the monthly payments, principal, interest, and remaining balance over the full 60 month term of the loan.

    Original Title

    loan calculator.xlsx

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    The document summarizes a $500,000 loan over 5 years at 12% annual interest. It shows the loan will have monthly payments of $11,122.22 for 60 months. In total, the loan will cost $667,333.43, which includes $500,000 in principal and $167,333.43 in interest. The loan calculator then provides a breakdown of the monthly payments, principal, interest, and remaining balance over the full 60 month term of the loan.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    82 views7 pages

    Loan Calculator

    Uploaded by

    dattatray bhanuse
    The document summarizes a $500,000 loan over 5 years at 12% annual interest. It shows the loan will have monthly payments of $11,122.22 for 60 months. In total, the loan will cost $667,333.43, which includes $500,000 in principal and $167,333.43 in interest. The loan calculator then provides a breakdown of the monthly payments, principal, interest, and remaining balance over the full 60 month term of the loan.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 7

    SIMPLE LOAN CALCULATOR

    LOAN VALUES LOAN SUMMARY


    Loan amount $500,000.00 Monthly payment $11,122.22
    Annual interest rate 12.00% Number of payments 60
    Loan period in years 5 Total interest $167,333.43
    Start date of loan 5/11/2019 Total cost of loan $667,333.43

    PMT BEGINNING ENDING


    PAYMENT DATE PAYMENT PRINCIPAL INTEREST
    NO. BALANCE BALANCE
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