Question

Borrowing a $15,000 Loan in 5 years with an interest rate of 4.49% how much will I pay monthly

Answer 1

You will pay $282 monthly I believe.

Answer 2

$PMT = 15000 divided by \frac{1-(1+ \frac{0.0449}{12months})^{-12*5} }{ \frac{0.0449}{12} }$