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Use an auto loan calculator. Free, online auto loan calculators allow you to skip the pencil and paper and instantly determine your interest payment. These calculators allow you to find...
Whether you’re buying a house and need a mortgage or need quick cash from a personal loan to pay for an emergency car repair, there’s a calculator available for you to crunch numbers....
Many types of installment loans use amortized interest, including auto loans, mortgages and debt consolidation loans. You may also encounter amortized interest on home equity loans.
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An amortization schedule calculator is often used to adjust the loan amount until the monthly payments will fit comfortably into budget, and can vary the interest rate to see the difference a better rate might make in the kind of home or car one can afford.
Mortgage loans are typically amortizing loans. The calculations for an amortizing loan are those of an annuity using the time value of money formulas and can be done using an amortization calculator.
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