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  • Victor 1560-6 Printing Calculator - 12 Character(s) - Fluorescent - AC Supply Powered - 8.5" x 12.25" x 2.75" - Gray


    CE (Victor Technologies)

    Victor Technologies

    List Price:
    $232.99

    Price: $170.20
    You Save: $62.79 (27%)

  • +/- Switch Key - Yes
  • Amortization - Yes
  • Base Number Calculations - No
  • extra payment calculator FAQ


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    Different loans have different interest rates. Let's take a hypotactical number.
    Loan = $20K
    Interest @ 10%
    Tenure = 3 years (or 36 months)
    At the end of the tenure, interest payable would be $2K.
    Monthly repayment:


    Yahoo Real Estate has a special calculator that does exactly what you are trying to figure out.

    If you do opt to pay money directly on the principal, over and above your monthly payment, I highly suggest you send it separately from your


    no website but I can send you a excel spreadsheet. You'll have to trust me with your email address though and hope i don't send you any viruses :)


    Will this work for you?

    http://www.jeacle.ie/mortgage/

    extra payment calculator news

    How do points affect your mortgage payment?

    18.05.12

    Mortgage rates and points

    Discount points are prepayments of interest that you pay at your loan’s closing. Mortgage lenders offer borrowers a choice of loans at different mortgage rates with different points.

    Why pay points?

    Typically, the more points you pay, the lower the mortgage rate, and the fewer points paid, the higher the mortgage rate. Some lenders will even pay you points to accept a higher-than-market interest rate! The decision to pay or not pay points depends on your individual financial circumstances, your cash flow, available cash on hand, or even whether you need cash to pay for fees and such.


    Source: HSH Financial Publishers (blog)

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