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If you want to know the monthly payment on a $20,000 student loan, you can use an online loan calculator, which many states offer on their websites. ... Monthly payment $168. $20,000 loan over 20 ...
Mortgage calculators can be used to answer such questions as: If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.