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How can I figure out when my $40,000 loan is paid off?

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Amount of Loan: $40,000; interest rate: 5.850%; 48 payments of $935.00 including principal and interest; $65.00 extra submitted every month to be applied to principal.
asked Feb 22, 2014 in Mortgage by anonymous
   

1 Answer

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When you have mentioned that the loan is for 48 installments, it will get over in 4 years from the time you started paying your 01st installment.
answered Feb 24, 2014 by smartypants Inquisitive Expert (81,320 points)

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