This is very similar to the Monthly Payment Loan Calculator above. However, instead of just being able to input extra monthly payments, you can input extra quarterly, semi-annual, annual or one time only payments -- and print-out or save an amortization schedule.
This Loan Calculator deals with a fixed principal payment and varying interest payment. Therefore, the payment is different (and decreases) each month. Use it as an interest only loan calculator by entering 0 in the 'Payment' field.
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