Labels:bulletin board | dialog box | sky | web site | window OCR: See how easy 1t 1S to compare the effects of various interest and amortization scenarios Enter loan of $145,000, an interest rate of 7 5% and an amortization of vears Calculate the monthly payments and see the interest you'll pay ORr the lifetime of the loan Now change the interest rate on that loan to 7.375% Note the change in your monthly payment and the nterest you'll pay over the life of the loan Now change the amortization period to 15 years. Compare the figures See how easy 1t 1S to compare loans? efects amor rtization
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