Before using this calculator, please read
Detailed instructions .
the calculator to work.
calculator is for ESTIMATION only. This is not an offer
to lend. Accuracy of the results is not guaranteed. The
results of this calculator may vary greatly from the results
of an actual loan. Please consult your lender for the actual
most cases, a 360 day year is used for all of the calculations.
Some exceptions apply when a WEEKLY, BI-WEEKLY, or OTHER
option is used. In those cases, a 364 or 365 day year may
be used for some or all of the calculations. Also, in some
results when a WEEKLY, BI-WEEKLY or OTHER option is used,
the amortization schedule will list DATED payments on each
PAYMENT PERIOD, which in some situations may resulting in
a slightly shorter or slightly longer amortization schedule
as listed by date.
option "Calculate Detailed Payment Amortization"
MAY be slow in and/or not work in producing results in SOME
browsers (generally a browser running on an older system).