Loan
Comparison Calculator |
To
calculate the payment amount and the total interest of any fixed
term loan,
simply fill in the 3 left-hand cells of the first row and then click
on "compute."
Use the other three rows to see what effects are produced
by changing any one
of the loan's original variables. Use decimal
points and numbers only, (no dollars signs or commas).
|
#
of
Pmts |
Interest
Rate |
Principal |
|
Monthly
payment |
Total
Interest |
|
|
Note: These calculators were tested using JavaScript enabled Netscape Navigator 3.01 (or higher) and Internet Explorer 3.01 (or higher). If the calculators fail to work for you, check to make sure your browser has JavaScript turned on. If it still doesn't work, we suggest you visit either the Netscape site or the Microsoft site and download a copy of their latest version
Please remember that these calculators use approximations for hypothetical and illustrative purposes only, and are not meant to replace professional investment advice.
|
