$70 thousand loan for 3 months - calculate:
Calculate payments: $70 thousand loan, 3 months term.
| Loan Amount: | Payment Every Month: | Total Payments: | Total Interest: |
||
| $70000, 2.5%, 3 months | $23479 | $70438 | $438 | ||
| $70000, 3%, 3 months | $23508 | $70525 | $525 | ||
| $70000, 3.4%, 3 months | $23532 | $70595 | $595 | ||
| $70000, 3.7%, 3 months | $23549 | $70648 | $648 | ||
| $70000, 11%, 3 months | $23975 | $71925 | $1925 | ||
$70 thousand loan for 2 months, 4 months, or 5 months:
| Loan Amount: | Payment Every Month: | Total Payments: | Total Interest: |
| $70 thousand, 3%, 2 months | $35175 | $70350 | $350 |
| $70 thousand, 3.4%, 4 months | $17698 | $70793 | $793 |
| $70 thousand, 3.4%, 5 months | $14198 | $70992 | $992 |
Calculations applicable for many banks: Bank of America, Citigroup, PNC Financial Services, HSBC, etc.