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Amortization Calculator
Disclaimer: This web-based calculator is made available for interested
viewers convenience. No warranties or guarantees are made for the accuracy of the calculations here.
Principal: Amount
being financed
Interest %:
Interest rate of financed amount.
# Payments:
Number of payments of amount financed.
Example: What is the amortization of a $100,000 house at 8% over
30-years?
Input: 100000 as Principal, 8 for Interest %, and 360 for #Payments,
and select Monthly compounding. Do not put in the $, %, or comma signs into the fields.
Answer: You should get $733.76 as the monthly payment in
the Amortization Table if you input the numbers correctly.
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