How will prepaying change my loan?

This calculator takes a principal amount, interest rate, normal length of the loan and either how much total a month to pay or how long you want to pay. Then it thinks...

NEW Now also calculates for credit cards and other non amortized lines of credit that use simple compounding of interest.

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Enter your loan amount:		-
Your interest rate:		% (1 to 100)
Amortized Length of mortgage:		Enter "0" for credit card and other non amortized lines of credit
Desired Length of Loan (years):Desired Monthly Payment:		This is value you want to set

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"The projections generated by these financial calculators are estimates. The information provided is not guaranteed by Hamilton Federal Bank and should not be relied upon exclusively to make any financial decision."