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Mortgage Repayment
Guide:
Instructions:
To calculate the monthly payment for a certain loan amount with a
certain interest rate and a specific loan period, enter the number
of months, interest rate, and loan amount into the appropriate
fields below.
Example:
To calculate monthly payment for
Loan Period = 10 years (120 months).
Interest Rate = 4 %.
Loan Amount = $100,000,
Enter "120", "4", and "100000"
respectively and click on "Compute."
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