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Loan Calculator

The Loan Calculator Tool is a tool that allows users to calculate the monthly payments and total cost of a loan. The tool allows users to input the loan amount, interest rate, and loan term, and the tool automatically calculates the monthly payments and total cost of the loan and outputs the results. This tool can be useful for individuals who want to know the monthly payments and total cost of a loan for various purposes, such as budgeting or comparison shopping. The tool can also be useful for businesses who need to calculate the monthly payments and total cost of a loan for their clients.