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Dheer
Dheer
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Ganesh Sittampalam ♦
Ganesh Sittampalam ♦
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My loan was $40500 for five yearyears with a 9% interest per year. iI do not understand the total iI would have to pay. I have been paying 700 per month from since 2006 and it feels like i'veI've been paying forever. iI really don't understand...my balance now is $13,092.50. Please help me understand anyonethis, in layman's term. Thank you for your help

My loan was $40500 for five year with a 9% interest per year. i do not understand the total i would have to pay. I have been paying 700 per month from since 2006 and it feels like i've been paying forever. i really don't understand...my balance now is $13,092.50. Please help me understand anyone, in layman's term. Thank you for your help

My loan was $40500 for five years with 9% interest per year. I do not understand the total I would have to pay. I have been paying 700 per month since 2006 and it feels like I've been paying forever. I really don't understand...my balance now is $13,092.50. Please help me understand this, in layman's term.

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debz browne
debz browne
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Can anyone help me understand my loan payment?

My loan was $40500 for five year with a 9% interest per year. i do not understand the total i would have to pay. I have been paying 700 per month from since 2006 and it feels like i've been paying forever. i really don't understand...my balance now is $13,092.50. Please help me understand anyone, in layman's term. Thank you for your help