$7 million loan for 8 months - calculate:

Calculate payments: $7 million loan, 8 months term.

Loan calculator:
Loan:   $     interest rate:   %     for:   years and   months

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$7000000, 2.7%, 8 months $890750$7126000$126000
$7000000, 2.9%, 8 months $891917$7135333$135333
$7000000, 3.4%, 8 months $894833$7158667$158667
$7000000, 3.8%, 8 months $897167$7177333$177333
$7000000, 7%, 8 months $915833$7326667$326667

$7 million loan for 5 months, 9 months, or 12 months:

Loan Amount:Payment
Every Month:
Total
Payments:
Total
Interest:
$7 million, 2.9%, 5 months$1416917$7084583$84583
$7 million, 3.4%, 9 months$797611$7178500$178500
$7 million, 3.4%, 12 months$603167$7238000$238000

Calculations applicable for many banks: Bank of America, U.S. Bancorp, Citigroup, Capital One, etc.