$120000 loan for 1 year - calculate:
Calculate total payments, monthly payments and total interest for a loan $120000 (1 year term) using free online calculator below.
Loan Amount: | Payment Every Month: | Total Payments: | Total Interest: |
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$120000, 2%, 1 year | $10200 | $122400 | $2400 | ||
$120000, 3%, 1 year | $10300 | $123600 | $3600 | ||
$120000, 3.4%, 1 year | $10340 | $124080 | $4080 | ||
$120000, 3.8%, 1 year | $10380 | $124560 | $4560 | ||
$120000, 11%, 1 year | $11100 | $133200 | $13200 |
$120000 loan for 8 months, 14 months, or 18 months:
Loan Amount: | Payment Every Month: | Total Payments: | Total Interest: |
$120000, 3%, 8 months | $15300 | $122400 | $2400 |
$120000, 3.4%, 14 months | $8911 | $124760 | $4760 |
$120000, 3.4%, 18 months | $7007 | $126120 | $6120 |
Calculations applicable for many banks: Bank of America, HSBC, Morgan Stanley, U.S. Bancorp, etc.