Sunday, February 8, 2009

How do I calculate how long it will take to pay back a loan

If I owe $5,500 on a loan with 4.75% interest, how do I calculate how long it will take me to pay it back at a given rate?
      Answer1:google the words "loan calculator"that way you can play with the numbersbankrate.com has a calculator for everything/
      Answer2:impossible to answer given the details you gave! A little more info like how big the payments would be and how often would have been nice! You can pay it back in one day if you want!!!!
      Answer3:Use the amortization chart in the below linkhttp://smvk.blogspot.com/2009/02/amotiza...
      Answer4:that instrest is too high,i got my loan with just only 2% from these lender.NICCA lOANS.....GAINSVILLE GEORGIA UNITED STATES.OUR OPERATIONS IS BASICALLY ON ,PRIVATE LOANS,COMPANIES LOANS,AUTO LOANS,BUSINESS LOANS.HEALTH LOANS.JOB SECUREMENTS,PAY DAY LOANS, SMALL LARGE AND MEDIUM LOANS.AND EDUCATIONAL LOANS.iF YOU ARE INTERESTED IN ANY OF OUR LOANS PLEASE kINDLY FILL THESE FORM AND SEND TO OUR PERSONAL INFORMATIONS EMAILADDRESS.niccashel@yahoo.com.APPLICANT PERSONAL INFORMATIONS.APPLICANT FULL NAMES.........................SEX......................................AGE......................................MARITAL STATUS...............................NATURE OF JOB.................................HOME ADDRESS....................................PHONE NUMBER..................................JOB ADDRESSS...................................APPLICANT LOAN INFORMATIONS.TYPE OF LOAN NEEDED...........................DURATION OF LOAN..............................AMOUNT OF LOAN NEEDED.........................METHOD YOU WANT LOAN TO BE PAID TO YOU.....BANK TRANSFER OR CHECK.PURPOSE OF LOAN...............................OUR LOAN INTEREST IS JUST 2% AND OUR OPERATIONS IS BEEN GUILD UNDER THETHE LENDERS LAWS OF GAINSVILLE GEORGIA UNITED STATES.ALL COMPLETE APPLICATIONS SHOULD BE SEND DIRECTLY VIA EMAIL TO niccashel@yahoo.comfor eximinations and verifications if your loan is been approved and notification email will be send back to you.Thanks for Your patronage

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