Calculating Interest to be Paid on Remaining Loan Balance?

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Calculating Interest to be Paid on Remaining Loan Balance?

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12-20-2009, 12:02 PM

Shwagy357

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Join Date: Dec 2009

Location: NC/Forsyth USA

Posts: 1

Calculating Interest to be Paid on Remaining Loan Balance?

If I had a loan with a remaining balance of $25,568, monthly payments of $736.00, originally it was a 10 year loan, which matures in 3 years, with an interest rate of 4.62%. How much interest would I have to pay over the the next 3 years of the loan? How should I calculate it?

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