Loan & Mortgage Payment Table 5%-20%
Simple, easy to follow tables show monthly payments required to amortize a loan over time. Answer questions such as: How much will I pay each month? How large a down payment should I make? What is the principal balance that I owe? Knowing the answers to these questions is crucial when making a large purchase such as a home, car or boat. Monthly payments required to amortize a loan over a number of years, from 1 to 25 (yearly), plus 30, 35 and 40 years. Rates of interest range from 5% to 20% by 1/8% for $50 to $200,000 loans. Includes points discount and loan progress tables. Handy shirt pocket size.