# Math Help - Loan Stuff

**URL:** <https://forum.kirupa.com/t/math-help-loan-stuff/225221>\
**Category:** random\
**Created:** [May 9, 2007, 7:40pm UTC](https://forum.kirupa.com/t/math-help-loan-stuff/225221 "2007-05-09T19:40:45Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Digitalosophy](https://yyz1.discourse-cdn.com/flex011/user_avatar/forum.kirupa.com/digitalosophy/32/1114_2.png) [@Digitalosophy](https://forum.kirupa.com/u/Digitalosophy)\
**Post date:** [May 9, 2007, 7:40pm UTC](https://forum.kirupa.com/t/math-help-loan-stuff/225221/1 "2007-05-09T19:40:45Z")

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Ok I only went to a tech school so someone please help me out here.

Loan Amount: $1,046,000  
Loan Term: 25 Years (300 Months)  
Estimated Monthly Payments (current rates): $8,423

How is god’s name did they get the Estimated Monthly payments??