$492.25
763.89
$311.38/month
Assuming the annual equivalent interest rate is 4.2%, it will take just over 81 months = 6 years + 9 months.
<?php $month = 360; //How many month you have for payment $monthlyPayment = 671.96; //Your monthly payment $moneyBorrowed = 99000; //How much you borrowed $totalPaid = $month * $monthlyPayment; //Number of months * Monthly payment $APRequ = $moneyBorrowed / $totalPaid; //Money Borrowed * Total money paid back $APRMonthly = abs($APRequ-1); //Returns the absolute value of the monthly APR $APR = $APRMonthly * 12; // Monthly APR to get Yearly APR echo $APR; ?>
Assuming that the loan principal is paid off in equal installments AND the monthly payment is to be kept the same, the average simple interest paid per month for the loan may be computed as follows: $10,000 principal balance at time 0 months $0 principal balance at time 36 months ($10,000 + $0) / 2 = $5,000 average balance $5,000 is average balance throughout the period of the loan $5,000 x 5% per month = approximately $250 per month. However, the amount of REAL interest is different throughout the life of the loan.
763.89
$687.51/month
$344.25 over 48 months. $282.55 over 60 months.
It depends on how long you are repaying the 4,000 over. If you are simply paying off the interest with no repayment of capital then 8.6% pa on 4,000 gives 28.67 per month. If you want to repay the 4,000 back over 12 months then the monthly payment will be 349.06
$16 no, 10% of 160= £16 160-16= 144 144/6 months = £24 per month for 6 months. :)
840 divided by 100 = 8.4 times that by 20 (percent) = 168. now 840-168=672. divide 672 by the six months and your answer is 112$
A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.
To calculate the monthly principal payment on a loan, you can use the formula: Monthly Payment Total Loan Amount / Loan Term in Months. This will give you the amount of principal you need to pay each month to gradually pay off the loan over the specified term.
$311.38/month
To calculate the monthly credit card payment, you can use the formula: Payment (Balance x (Interest Rate/12)) / (1 - (1 Interest Rate/12)-Number of Months). This formula takes into account the balance on the card, the interest rate, and the number of months you want to pay off the balance.
Extortionate, usurious, onerous.
monthly payment is 595.00 have no worked over 4 months they want $3600.00 & will not accept payments