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The document is a loan calculator that allows a user to enter loan details like the loan amount, interest rate, and loan period. It then calculates and displays the scheduled payments, total interest paid, and amortization schedule showing the remaining balance over the life of the loan. The user can also specify optional extra payments to prepay portions of the loan principal.
The document is a loan calculator that allows a user to enter loan details like the loan amount, interest rate, and loan period. It then calculates and displays the scheduled payments, total interest paid, and amortization schedule showing the remaining balance over the life of the loan. The user can also specify optional extra payments to prepay portions of the loan principal.
The document is a loan calculator that allows a user to enter loan details like the loan amount, interest rate, and loan period. It then calculates and displays the scheduled payments, total interest paid, and amortization schedule showing the remaining balance over the life of the loan. The user can also specify optional extra payments to prepay portions of the loan principal.
Loan Amount Scheduled Payment Annual Interest Rate Scheduled Number of Payments Loan Period in Years Actual Number of Payments Number of Payments Per Year Total Early Payments Start Date of Loan Total Interest Optional Extra Payments
Lender Name:
Pmt Payment Beginning Scheduled Extra Total Ending
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