10 %, it will take 10 years to pay the credit with monthly payment around 404 $.
But If I can afford to increase my payment by extra 100 $, I would pay off my credit 3.6 years sooner.
Personal Loan Calculator for iPhone is free, and it can be very interesting for anyone who want's to make wide decisions while taking credit or if you want to know the impact on existing credit while adding extra payment!
For this kind of calculations I had to go to bank, but now I can do it from my iPhone :)
Great!
And yes..you can see amortization by months, interests , balance...perfect !




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