2007-05-19 10:43:38 · 6 answers · asked by orinthiamt 1 in Business & Finance ➔ Credit
Are you making monthly payments, or paying in a lump sum after 6 months? The answer to that changes the answer to you question. If you pay make a single payment, the total is $6360. Monthly payments will reduce the total. Search for "loan calculator" and you should find many sites that will do all the math for you.
2007-05-19 14:18:27 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
is the pastime value purely 12% for 6 months and then it alterations, or is the very own loan purely for 6 months? If it alterations after 6 months, it can't be responded without greater advice. if this is purely a private loan for 6 months with 12% pastime, it may be $6720 in money if the very own loan is what I evaluate frozen...it quite is, you do not get charged pastime on your stability each month, you purely pay off your man or woman loan plus the "stable" $720 in pastime.
2017-01-10 09:08:53 · answer #2 · answered by ? 4 · 0⤊ 0⤋
$6211.74 would be the total paid back. The monthly payments would be $1035.29 per month for 6 months.
2007-05-19 14:26:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
depends on how the interest is calculated.... bankrate.com has great calculators
2007-05-19 13:35:42 · answer #4 · answered by Anonymous · 1⤊ 0⤋
6360
2007-05-19 13:55:05 · answer #5 · answered by tinnee 2 · 0⤊ 0⤋
$10,320
2007-05-19 11:20:39 · answer #6 · answered by chevyman2004 1 · 0⤊ 2⤋