4 Answers
Just like Daren indicates above, you need the loan amount, interest rate, length of the loan, and lastly, if the fees to this loan are being included in the "total" loan amount. Then you can begin to calculated your monthly or amortizing payments.
For example, $130,000 loan amount, 4.2% interest, 30-year amortization, and 2% loan fees.
11 years ago. Rating: 1 | |