Calculate Loan Payment Amount
Enter the amount of the loan into "Principal amount."
Select the loan payment frequency with the pull down list.
Enter the number of payments to amortize the loan in the "Number
of payments" box.
Enter the rate of interest to use in calculating the loan
payment amount in the Interest rate box.
Click on the Calculate button to calculate the loan payment
amount. It will appear in the box titled "Payment amount."
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