# Loan payment example

### This page exists due to the efforts of the following people:

**Author**- Timur - Loan payment example
**Created using the work of**- Timur - Credit cost

Here is a simple calculator which allows you to find out monthly payment and total amount paid for given credit amount, rate and period in years. Formula supposes annual payments.

Credit amount

Period in years

Annual interest rate (percent)

Month payment

Total Paid Amount

Save the calculation to reuse next time, toextensionembed in your website orshareshare with friends.

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