1. Enter the annual interest rate in the "Interest Rate" field.
2. Enter the number of years for the loan in the "Number of Years" field.
3. Enter the loan amount in the "Loan Amount" field.
4. Click the "Calculate" button to see the monthly payment and total payment.
Q: What does the "Interest Rate" field represent?
A: It represents the annual interest rate for the loan.
Q: How is the "Monthly Payment" calculated?
A: The monthly payment is calculated based on the loan amount, annual interest rate, and loan term.
Q: Can I change the values and recalculate?
A: Yes, you can change any values and click "Calculate" again to see updated results.