Skipped Payment Analsysis
Because you are skipping a payment, but accumulating interest you will pay more over the life of the loan. Over the life of the loan you will pay $0.00 more in interest and it will take you 0 more months to pay off the loan.
| Present Loan | Loan with Skipped Payment |
|
| Months to Payoff | 0 | 0 |
| Total Interest Paid | $0.00 | $0.00 |
This is an estimate. Your payoff
may vary. Our analysis assumes only one interest rate. Our
analysis assumes you are not paying any penalty or late fee. This
analysis assumes your minimum payment is a set percentage of current
balance and that you make only the minimum payment. We are assuming
that you are rolling the processing fee into this or another
comparible loan (like your credit card)
This calculator is provided as a free service. No guarantee, explicit or implied, is made regarding its' accuracy or suitability to a specific purpose.
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