**Case:**

**Payment: What is monthly payment if I take X loan on Y rate during Z months/years?**- Principal: How much can I handle if I can pay X each month during Y months/year at Z annual rate?
- Periods: How many months/years should I pay X loan at Y annual rate with Z monthly payments?

Parameter | Value | Calculation |
---|---|---|

Monthly payment | 1110.21 |

Parameter | Value |
---|---|

Principal | 100000.00 |

Monthly Payment | 1110.21 |

Months | 120 |

Annual Interest Rate % | 6.00% |

Parameter | Value | Calculation |
---|---|---|

Global Payment to Bank | 133224.60 | 1110.21*120 |

Global Bank's Interest | 33224.60 | 133224.60-100000.00 |

Global Banks Interest Rate % | 33.22% | 33224.60/100000.00 |

Average Interest each Month | 276.87 | 33224.60/120 |

Average Principal each Month | 833.33 | 100000.00/120 |