A few days ago
does anyone know how much is 6.8% interest converted into money?
i’m getting financial and they told me this is how much interest i was going to pay but i’m not sure how much money this is
Top 3 Answers
A few days ago
Favorite Answer
All you need is the loan amount and the interest rates…If you dont know here are structures of what you might be getting.
Stafford Loan Limits 2007 – 2008
Year
Subsidized
Unsubsidized
Freshman
$3,500
$4,000
Sophomore
$4,500
$4,000
Junior
$5,500
$5,000
Senior
$5,500
$5,000
Grad Student
$8,500
$12,000
0
A few days ago
Easiest way to see what you will actually pay is to take your monthly payment and multiply it by the number of months of your loan.
If you are buying a car, you will find yourself better off paying cash. Buy a $500 beater and drive it until the wheels come off. During that time, put 300 to 400 (the amount your monthly payments would be)each month into a savings account. After about a year and a half or so, you should be able to buy a high quality used vehicle.
0
A few days ago
Not enough information.
-What is the loan amount?
-How many years (or months) will you be making payments?
-What are the other terms of the loan?
0
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