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Loan calculator
Calculate the interest to be paid when taking out a loan.
Equal repayment of principal and interest
Equal repayment of principal
Maturity lump sum repayment
What is equal repayment of principal and interest?
It is a method of dividing the principal and interest (loan principal and interest combined) by 1/n until maturity
and repaying it equally.
Principal($)
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Interest(%)
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Loan term(Month)
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Grace period(Month)
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