Calculator For Home Equity Loans
Document Sample


Loan Payment Calculator
Provided by Bankrate.com, Content Partner for the SME Toolkit
Monthly payment
Calculate your monthly payment for mortgage, auto or home equity loans. Click on the "?" next to the input
box for an item to get help on that item.
See the impact of extra payments on your loan and create an amortization table.
Loan amount 5000.00
$ (Do not use commas.)
Loan term in years or months 1.00 12
years or months
Interest rate 10.00
% per year
Loan start date May 2 2006
,
439.58
$
Monthly payment
Extra payments
Calculate the impact of extra payments using any combination of the inputs below
Adding 0
$ to your monthly payment
Adding 0 May
$ as an extra yearly payment every
Adding 0 May 2006
$ as a one time payment in
May 2, 2007
Changes paid-off date to
Show /Recalculate Amortization Table
Show /Recalculate Amortization Table
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