CC Lending

A Loan Is A Contract Between A Borrower & A Lender

A loan is a contract between a borrower and a lender in which the borrower receives an amount of money (principal) that they are obligated to pay back in the future. Most loans can be categorized into one of three categories:

Amortized Loan : Fixed payments paid periodically until loan maturity
Deferred Payment Loan : Single lump sum paid at loan maturity
Bond : Predetermined lump sum paid at loan maturity

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Amortized Loan: Paying Back a Fixed Amount Periodically

Use this calculator for basic calculations of common loan types such as business
term loans, SBA loans, commercial mortgages, or personal loans.

Loan Amount

No. of Payments

Monthly

Payment Mode

Interest Rate (%)

Balloon Amount

$ %

Monthly Payment: $0

Total Interest Payable: $0

Final Balloon Amount: $0

Loan Calculator

A Loan Is A Contract Between A Borrower & A Lender

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Amortized Loan: Paying Back a Fixed Amount Periodically

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