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What is the monthly cost of a loan?

You pay an amount to the lender every month to repay a loan. Here you can easily calculate what the monthly payment will be for a loan. Due to rounding differences, the calculated monthly amount may deviate slightly from the calculation by a lender. Finally: the lowest monthly payment does not mean that you take out the cheapest loan ! The duration has a strong influence on this.

Calculate the monthly loan charge
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months
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