| This calculator will compute a loan's monthly payment amount based on the principal
amount borrowed, the length of the loan and the annual interest rate. Then, once you have
computed the monthly payment, click on the "Create Amortization Schedule" button
to create a report you can print out. Note: each time you change one of the loan's
variables you will need to recalculate the monthly payment before creating the
Amortization Schedule. Note: Other than decimal points, do not enter any
other non-numeric characters (commas, dollar signs, etc.) in the entry boxes. Doing so
will cause an error. |