answersLogoWhite

0


Best Answer

The interest payment calculator lets you determine how much interest you are paying on a loan. this is a very valuable tool to use to utilize your ability to make extra house payments to see the exact number of dollars you are saving by doing so.

User Avatar

Wiki User

βˆ™ 12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is meant with interest payment calculator in finances?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is meant with mortgage affordability calculator in finances?

A mortgage affordability calculator is just another name for a mortgage calculator that can help you estimate your monthly payments and the amount of interest paid in a certain month.


What is meant with cd rate calculator in finances?

You can use the CD calculator to find out how much interest is earned on a certificate of deposit. Just enter a few pieces of information and this CD calculator will calculate the annual percentage yield and ending balance


What is meant with APR calculator in finances?

It is not absolutely necessary to know all about the APR when you speak of finances, but it does help a lot to know at least a little bit about what you are spending your money on.


What is meant with car financing calculator in finances?

A car financing calculator allows you take factors like car price, down payment, trade-in, and loan or lease terms to calculate your monthly payment. They can be a very useful tool when you compare offers from different dealers to determine what is in your best financial interest.


What is meant with libor rate history in finances?

Libor rate history in finances is a common interest rate index, which is used to adjust adjustable mortgagee rates. The importance of libor rate history when referring to finances is important to investors as well as business owners who are a part of the indexes.


What is meant with wedding budget calculator in finances?

A wedding budget calculator is useful to plan out every step of a wedding. There are many different things to pay for a wedding and keeping track of everything can be frustrating. Using a calculator can be handy and only has its categories listed so you know if you forgot to include anything in your planning.


What would be the monthly payment on 90000 mortgage at raate of 75 percent interest for 30 years?

At 75% interest and no other variables, the payment would be $5,625.00 per month. <><><> However, if you meant 7.5% (a more realistic interest rate) principal and interest would amount to 629.29 oer month. Add to that taxes and insurance.


What is meant with dividend dates in finances?

There are 3 important dates to consider with dividends; the declaration date- when a board declares it's intention to pay, the date of record - the date from which stockholders are entitled to the payment, the payment date - is the date the dividend will actually be given to shareholders.


How can someone benefit from a Loan Consolidation Calculator?

A loan consolidation calculator is meant to determine how much one would save by consolidating all their debt to one source. It means instead of five loans accruing heavy interest, you would only have to pay one larger loan with smaller interest, which may be overall less expensive.


What is meant with FAFSA application in finances?

When you fill out a FAFSA for financial aid at college or universities, you have to disclose your finances so that you get the fairest amount of aid for everyone.


What is meant with amortization schedule in finances?

The real advantage of amortization schedule is learning about the finances. In my opinion that is pretty beneficial because financing is part of life and learning about it is good.


What is meant with FAFSA estimator in finances?

The term FAFSA estimator in finances means it is the amount that the government calculates that you get or have. Here is a site that examines this in more detail for you www.finaid.org/calculators/quickefc.phtml