Use this simple calculator to get a sense of how much money the interest on your loans and lines of credit can cost you over time.
Principal
Months 1 = .08 2 = .17 3 = .25 4 = .33 5 = .42 6 = .50 7 = .58 8 = .67 9 = .75 10 = .83 11 = .92
Rate
Years
Amount
Interest