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Loan Calculator

posted on 21/10/2001

I need to have the javascript below converted to PHP with all the variables to calculate the contained in a config file so that changes in rates can be changed quickly.

Thanks

Pat

Javascript File




Loan Calculator












Interest and Repayment Calculator





Totals are approximate and for guidance only.

Enter data in panels.

Click Calculate in order to view results.

Follow the numerical order.

Your information will not be sent on-line









































1 What is your current loan balance
2 What amount do you wish to borrow?
3 The loan is for year(s).
4 How often will you make repayments?
5












































Results


Total loan balance:
*Total repayment
(principal and interest):
Minimum payment per period:
First interest charge:
6


*As interest is calculated on the declining
balance, this figure can be considerably lower

if repayments are regular and on time.





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