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Mortgage Loan Amortization Schedule Printable PDF Generator
This is my PHP Generic Loan Calculator that writes the full loan amortization schedule of any amortized loan like a home mortgage or a car loan to a PDF file for easy saving and printing. A typical 30 year (360 month) loan will fit on 5...
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Mortgage calculations -- how loan amortization works, the ...
NOTE: This first part is for United States mortgages. Look here for the Canadian formula .
First you must define some variables to make it easier to set up:
P = principal, the initial amount of the loan
I = the annual interest rate (from 1 to 100 percent)
L = length, the length (in years) of the loan, or at least the length over which the loan is amortized.
The following assumes a typical...
Related topics : calculating loan payments formula / loan calculator payment amount / loan payment calculator mortgage / amortization loan calculator formula / amortization loan calculator
Interest Only / Conventional Loan Amortization Schedule ...
Interest Only / Conventional Calculator
This allows for a loan of a certain length where the first few years are interest only with a reduced payment, and the balance is then amortized out to a standard conventional fixed rate loan for the remainder...
Related topics : interest rates loan / amortization schedule loan / conventional loan / term loan / amortization loan
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