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 that each time you change one
of the loan's variables you will need to recalculate the monthly payment before
creating the Amortization Schedule.
Note:
You may need to press CTRL-P to
print the report once it appears in the pop-up
window.
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 a
JavaScript error.