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No. There are several free business loan calculators on the internet that are available for people to use or download. You could also check with the bank that loaned out the money.

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13y ago

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Related Questions

Where can one find a payment calculator for a car loan?

All banks that offer loans, whether it be a car loan, business loan, or house loan, also offer a payment calculator which helps determine how much someone can afford to pay.


How does one use a bank loan calculator?

A bank loan calculator decides how much the bank can borrow a person for a selected period of time. The loan calculators also sum up how long it will take one to pay off the total debt with interest. To use a bank loan calculator, go to the bank website, select the type of loan, enter the duration of the loan and the results will be displayed on screen.


How do you use a amortization loan calculator?

If you wanted to use a loan amortization calculator you would be using a calculator that would be consolidating your loans into one. You would be checking what the payment you could make to pay them all off is.


What does a loan calculator do?

A loan calculator calculates how much money it will take you over a set period of time to pay back the loan you have taken out. It will help you find the amount of money you can loan and not go bankrupt.


Is there a cost for using a loan calculator?

Most websites have loan calculators on them. You can also check banking sites for loan calculators. There are so many available you should not pay to use one.


Is it true that I need a car loan calculator?

It helps to use such a calculator if you plan to pay back the loan over a longer period of time. If you are able to pay back the loan quickly in simple rates, say 500 Dollar for three months, the use of such a calculator would be surplus to requirements.


How does the auto loan calculator work?

An auto loan calculator factors in the interest rate of the loan, the loan amount, and length of time for the auto loan. This information givens you the monthly payment as well as loan balance for that particular loan plus the total you will pay over the life of that loan.


What is the benefit of using an FHA loan calculator?

There are many benefits to using an FHA loan calculator. An FHA loan calculator can tell someone how much of a loan they should apply for and would be able to pay back. It also tells a person how much a monthly payment would be on any amount of a loan.


Where is the best student loan calculator?

http://www.finaid.org/calculators/loanpayments.phtml and https://bigfuture.collegeboard.org/pay-for-college/loans/student-loan-calculator have been sited as being the best student loan calculators.


What is the difference between a student loan calculator and a debt calculator?

A student loan calculator helps a student calculate their loan payments based on how much they are expected to earn in their new profession. A debt calculator helps a person know how long it will take to pay off all of their debts and become debt free. The amount entered into the calculator will depend on how much the debtor thinks they will be able to pay over a period of time.


What is an auto calculator for?

An auto loan calculator is really great because it helps to see how much you should pay for your car. Also this loan calculator also helps with buying a car really helpful because you can put your bill amount into the calculator.


How can someone benefit from a Loan Consolidation Calculator?

A loan consolidation calculator is meant to determine how much one would save by consolidating all their debt to one source. It means instead of five loans accruing heavy interest, you would only have to pay one larger loan with smaller interest, which may be overall less expensive.