Loan Balance:

Interest Rate:

Period:

Years Months

Monthly Payment:

Loan Balance: The amount you want to borrow when used to calculate the monthly payment or the amount you can borrow given a fixed monthly payment.

Interest Rate: The annual percentage rate of the loan.

Period: The length of the loan in either years or months.

Monthly Payment: The amount you will have to pay each month for a given loan amount, term, and interest rate.

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