Benefit of Timing the Loan repayment 
     
  *Loan Borrowing No '$' sign or ',' Comma
  *Interest Rate   (No % sign, for e.g.,a 7% to be entered as 7)
  *Number of Years
   

 

  Repayment amount;                 

 
  If Paid Monthly
  If Paid Fortnightly
  If Paid Weekly
       

  Total Interest paid over the term of loan          

  Benefit Over the term of loan
  Paid Monthly Zero. For reasons below
  Paid Fortnightly  Compared to paying Monthly
  Paid Weekly  Compared to paying Monthly
                                                                         Monthly payment is compared with Fortnightly and Weekly