Loan amount is the amount of money that you want to borrow - what you need.
Percentage down is the amount that you put down initially, the upfront percent of the desired loan.
Loan interest rate is the percentage paid for using the borrowed money. Expressed as annual percentage rate or APR.
Length of loan is the number of years while you'll be paying off your loan.
The Amortization Schedule of your calculation can be found below.
Loan Information:
Down Payment: | $0.00 | |
Financed Amount: | $0.00 | |
Monthly Payment: | $0.00 |
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