$8 million loan for 7 years - calculate:

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

Loan Amount:			Payment Every Month:	Total Payments:	Total Interest:
$8000000, 2.1%, 7 years			$109238	$9176000	$1176000
$8000000, 2.8%, 7 years			$113905	$9568000	$1568000
$8000000, 3.4%, 7 years			$117905	$9904000	$1904000
$8000000, 3.5%, 7 years			$118571	$9960000	$1960000
$8000000, 6%, 7 years			$135238	$11360000	$3360000

$8 million loan for 56 months, 98 months, or 126 months:

Loan Amount:	Payment Every Month:	Total Payments:	Total Interest:
$8 million, 2.8%, 56 months	$161524	$9045333	$1045333
$8 million, 3.4%, 98 months	$104299	$10221333	$2221333
$8 million, 3.4%, 126 months	$86159	$10856000	$2856000

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