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2007-02-04 11:27:20 · 5 answers · asked by darkheart281 1 in Business & Finance Personal Finance

5 answers

depends on the term and where you take it out; Japan has very low rates, for instance.

In the UK, you can use the rule of thumb that out of any twelve months, two months will be interest repayments, so over twelve months, your loan would be $ 2,300 dollars a month.

2007-02-04 11:33:15 · answer #1 · answered by Whateverandeverandamen 2 · 0 0

Depends on your interest rate and length of the loan. To many variables here.

My student loan for $20,000 is $130/ month, but a car payment for the same would be $400/month.

2007-02-04 11:33:23 · answer #2 · answered by tryingmybest79 4 · 0 0

IF you would get this loan for 5 years @ 7% interest your payments will be $455.43

The difference in years and % interest will change the payment of course.

2007-02-04 11:50:38 · answer #3 · answered by Kitty 6 · 0 0

You would have to know the interest rate and term (how long you have to pay it back) to answer the question.

2007-02-04 11:33:10 · answer #4 · answered by David W 4 · 0 0

10% every month

2007-02-04 11:34:47 · answer #5 · answered by Anonymous · 0 0

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