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2. How to calculate interest on a loan: Tools to make it easy

   www.aol.com/finance/calculate-interest-loan...

   You can calculate your total interest by using this formula: Principal loan amount x interest rate x loan term = interest. For example, if you take out a five-year loan for $20,000 and the ...

3. When should I refinance my car loan? - AOL

   www.aol.com/finance/refinance-car-loan-165628257...

   The best interest rates on auto loans go to buyers with good or excellent credit — typically a score of 670 or higher.

4. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   The type of loan (interest-only or amortizing) will determine the loan payment formula and how interest is calculated.

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments and the regular payment amount. More complex calculators can take into account other costs associated with a mortgage, such as local and state taxes, and insurance.

6. Capital recovery factor - Wikipedia

   en.wikipedia.org/wiki/Capital_recovery_factor

   A capital recovery factor is the ratio of a constant annuity to the present value of receiving that annuity for a given length of time. Using an interest rate i, the capital recovery factor is: where is the number of annuities received. [1]

7. Floating interest rate - Wikipedia

   en.wikipedia.org/wiki/Floating_interest_rate

   In business and finance, a floating rate loan (or a variable or adjustable rate loan) refers to a loan with a floating interest rate. The total rate paid by the customer varies, or "floats", in relation to some base rate. The term of the loan may be substantially longer than the basis from which the floating rate loan is priced; for example, a ...