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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.
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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