This calculator will compute a loan's monthly payment amount based on
the principal amount borrowed, the length of the loan and the annual
interest rate. Then, once you have computed the monthly payment, click
on the "Create Amortization Schedule" button to create a report that can
be printed. If any of the loan amounts are changed at any time, you will
need to click on the "Calculate" button to recalculate the monthly
payment before clicking on the "Create Amortization Schedule" to
create the printout.
Please do not enter any other characters (commas, dollar signs,
etc.) in the entry boxes other than decimal points, as this will cause
an error in the results.
