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The Payment Calculator is an easy-to-use online tool designed to help you calculate your loan payments based on various factors such as loan amount, interest rate, loan term, and payment frequency. Whether you're planning a mortgage, auto loan, or any other type of installment loan, this tool will provide you with accurate monthly (or other frequency) payment estimates.
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In addition to calculating the payment amount, the tool offers a detailed annual payment schedule that breaks down principal and interest payments for each year of the loan. For a more interactive experience, you can view the payment data in a graph format, allowing you to visualize how your loan balance and interest payments evolve over time.
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