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.