The following is an application used as a Loan Converter. This tool can be used for educational purposes to help with calculation, convertingm, and testing. For more gadgets and widgets please check the Study Tools.
Loan Converter Application
The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.
Non-numeric values will cause errors.
For more gadgets and widgets please check the Study Tools.