$4 thousand loan for 6 months - calculate:
Calculate payments: $4 thousand loan, 6 months term.
Loan Amount: | Payment Every Month: | Total Payments: | Total Interest: |
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$4000, 2.1%, 6 months | $674 | $4042 | $42 | ||
$4000, 3%, 6 months | $677 | $4060 | $60 | ||
$4000, 3.3%, 6 months | $678 | $4066 | $66 | ||
$4000, 3.5%, 6 months | $678 | $4070 | $70 | ||
$4000, 4%, 6 months | $680 | $4080 | $80 |
$4 thousand loan for 4 months, 7 months, or 9 months:
Loan Amount: | Payment Every Month: | Total Payments: | Total Interest: |
$4 thousand, 3%, 4 months | $1010 | $4040 | $40 |
$4 thousand, 3.3%, 7 months | $582 | $4077 | $77 |
$4 thousand, 3.3%, 9 months | $455 | $4099 | $99 |
Calculations applicable for many banks: Bank of America, Citigroup, Capital One, TD Bank, etc.