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Tuesday, March 09, 2010   |   Register   |   Login
Below is a sample loan analysis - change the values and re-calculate to see the projected savings for your situation.
Loan Information:
Amount Financed
Term (in months) APR
First Monthly Payment
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First Debit:
  
First Debit On:
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Fee
399  
Monthly Payment
$715.33  
Standard Loan start @ 3/9/2010=$32000.00 Standard Loan Balance at the end of 2010=$28468.91 Standard Loan Balance at the end of 2011=$23007.27 Standard Loan Balance at the end of 2012=$16852.96 Standard Loan Balance at the end of 2013=$9918.13 Standard Loan Balance at the end of 2014=$2103.78 Standard Loan Balance at the end of 2015=$.00 EAP start @ 3/9/2010=$32000.00 EAP Loan Balance at the end of 2010=$27783.40 EAP Loan Balance at the end of 2011=$21493.91 EAP Loan Balance at the end of 2012=$14402.96 EAP Loan Balance at the end of 2013=$6409.08 EAP Loan Balance at the end of 2014=$.00 EAP Loan Balance at the end of 2015=$.00
With our Equity Advantage Program, this loan would be paid off approximately 6 months earlier, saving approximately $1,185.16 over the life of the loan.
End Date# PmtsTotal PaidInterest
Equity Advantage Program9/201454$41,734.80$9,734.80
Standard Loan3/201560$42,919.96$10,919.96
You can send these values to our Sign Up page, fill out a few more fields, and get started today.
Equity Advantage Program Schedule:
2010:
3/9
 
Program Start.
3/30
 
Debit: $715.33
4/13
 
Debit: $357.67
4/23
 
Payment #1: $715.33
4/27
 
Debit: $357.67
5/11
 
Debit: $357.67
5/23
 
Payment #2: $715.33
5/25
 
Debit: $357.67
<<<March 2010 - May 2010>>>
March
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
28293031123
45678910
April
SMTWTFS
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678
May
SMTWTFS
2526272829301
2345678
9101112131415
16171819202122
23242526272829
3031     
* Disclaimer: This calculation is based on the information you entered and is for illustrative purposes only. This calculation reflects amounts in U.S. Dollars rounded to the nearest whole dollar. Estimated monthly payments DO NOT include license, doc, emissions, or other possible fees.
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