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Updated: 09/04/2007
- Given a payment amount that fits in your budget, the interest rate you expect to receive, the length of the loan and the payment frequency (monthly, bi-weekly), AffordaBilly will tell you how much of a loan you can afford to take out. This can be extremely helpful for consumers shopping for mortgage loans, auto loans, or other large purchases, as it can give them an idea of what size loan they can afford to make the payments on.
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