Calculates monthly payments by amount, interest rate and duration. It is a frontend only webapp, all the calculations are done in the browser. This makes it easy to play with the parameters and see the results in real-time.
- interactive (all calculation is done in the browser)
- monthly payment calculation
- total interest calculation
- generates a payment schedule table (see the remaining capital in each month)
- extra pay offs
- interest rate change (variable rate loans)