In Oakland CA, it is Sat, 31 Jul 2010 3:45 PM.

sol 

Compute loan information

Enter loan information:
1
Loan amount:
2
Annual interest (%):
3
Repayment period (months):
Payment information:
4
Your monthly payment:
5
Total amount paid:
6
Total interest paid:

This is a completely cheap-and-cheerful calculator for figuring out what it will cost to borrow money. I had it laying around, so here it is. Type in:

  1. the amount borrowed (don't use dollar signs or other currency marks, and don't use commas: i.e., "1000" instead of "$1,000")
  2. the yearly interest rate (a percentage: "5.6" = 5.6% per year)
  3. the number of months you'll be paying.

Then click "Compute".