Help with loan payment calculation

by **bedub1** on Mon Sep 17, 2012 7:48 pm

Can anybody help me calculating how much money I still owe on a loan? I didn't make regular payments, just random payments. Here is the info:

Interest rate is 2%. Lets call it calculated monthly.

7/29/2009 - 20,000 Loan
10/14/2009 - 2000 payment
3/24/2010 - 2500 payment
10/7/2011 - 5500 payment
5/7/2012 - 5000 payment
9/17/2012 - 5000 payment

by **HapSmo19** on Mon Sep 17, 2012 7:59 pm

Not sure what you owe but how many ounces/pounds per harvest do you get to keep for personal?

Looks like you're definitely getting more efficient. Nice

by **HapSmo19** on Mon Sep 17, 2012 8:16 pm

Also, maybe if you kept less for personal you could figure this out.

by **Juan_Bottom** on Mon Sep 17, 2012 8:23 pm

Step 1: Call bank, ask how much you still owe

Step 2: Ask for the Per Diem (interest per day) calculated through the day you want to pay off your loan

Step 3: Total together

Step 4: Send a check

Step 5: Wait for your package