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$10,000 loan at 9% for 7 years

Monthly payment

$160.89/mo

Total interest

$3,515

Total paid back

$13,515

Term

84 payments

Borrowing $10,000 at 9% APR over 7 years (84 monthly payments) means you pay $160.89 each month. Over the full term you repay $13,515 in total — that's $3,515 of interest on top of the $10,000 you borrowed.

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