Loan Repayment Schedules Page 2
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2Sample Loan Repayment Schedule
The following is a sample loan repayment schedule based on a standard repayment plan for a
$3,500 loan. Note: The monthly loan payment was calculated at $40.28 for 120 payments (10
years). Since this amount is less than the $50 minimum, the term of the loan has been shortened to
89 payments of $50 plus a final payment of $21.06.
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