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loan calculation

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Icon Mini Profile michaeltresp





Joined: 07 Jun 2010

Posts: 1

1.00 Dollars($)
Post Posted: Mon Jun 07, 2010 10:59 am    Post subject: loan calculation
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I got a loan for 6700.00 at 21.99 I have paid it off but 3700.00 was giving to a relative BC they could not get a loan. Over the past 18 months They have paid me 14 payments at 300.00. I need to calculate how much more they should pay me.
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Mon Jun 07, 2010 8:17 pm    Post subject:
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Hi michaeltresp!

Welcome to forums!

You can use the Debt Repayment Period Calculator in order to find out the time period taken to pay off a certain amount of debt. You can find the calculator in the given page:
http://www.mortgagefit.com/calculators/debtrepayment-period.html

Feel free to ask if you've further queries.

Sussane
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