| 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.
Note: When entering numbers into the data fields only use numbers
and applicable decimal points. Entering commas, dollar signs, or any other non-numeric
characters will cause an error. Also please note that this calculator has been
tested to work with Internet Explorer 3.01 and Netscape Navigator 3.01 web browsers.
However, both must have the JavaScript option turned on. |