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Help with loan payment calculation
Posted:
Mon Sep 17, 2012 7:48 pmby bedub1
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
Re: Help with loan payment calculation
Posted:
Mon Sep 17, 2012 7:59 pmby HapSmo19
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
Re: Help with loan payment calculation
Posted:
Mon Sep 17, 2012 8:16 pmby HapSmo19
Also, maybe if you kept less for personal you could figure this out.
Re: Help with loan payment calculation
Posted:
Mon Sep 17, 2012 8:23 pmby Juan_Bottom
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
Re: Help with loan payment calculation
Posted:
Mon Sep 17, 2012 8:41 pmby Timminz
Using 2% per month, and only using rough calculations for the number of months between payments, I figure you owe about $16,667.
Re: Help with loan payment calculation
Posted:
Mon Sep 17, 2012 9:04 pmby BigBallinStalin
The Devil's numbers.