Debt: How Much Will My Loan Cost
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How Much Will Your Loan Really Cost?
When you're shopping for a loan, you should look not only at the monthly payment that you will be required to make on the loan, but also the total amount of interest you will pay on the loan. This calculator is a handy tool to help you compare loans.
The total cost of a loan is the actual money you borrow plus all of the interest you will pay. Be sure the reason you are taking the loan is important enough to warrant the extra money you will pay in interest.
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