Financial Calculator

Interest Paid On Your Next Purchase

What will your monthly payment be each month with interest and how much total interest will you pay over time on that next purchase (car, house, etc.).

Simply Complete These Three Columns:			See Your Payment Here	See Your Interest Cost Here
Number of Monthly Payments	Simple Interest Rate	Principal Amount of Loan	Your Monthly Payment Will Be	Your Total Interest Cost Will Be
		$

Hours of work to pay off new item

How many hours will you need to work each month in order to pay for that new item you're thinking about putting on your credit card? (NOTE: Do not use commas)

Enter your net pay per month:	Enter the monthly payment for the item you are going to purchase :
$	$