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Loan Payment Calculator
Loan Payment Calculator
Column B Contents
Purchase Amount:
Down Payment Pct:
Loan Amount:
Term (months):
Interest Rate (APR):
$475,000
20%
$380,000
360
6.25%
Monthly Payment:
$2,339.73
475000
0.2
=B4*(1-B5)
360
0.0625
=PMT(B8/12,B7,-B6)