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Note that these calculators are written in
Javascript and may not work in some browsers. For all the calculators, the interest rate is input as a percentage, eg for 7% input 7. Repayment Amount Input your principal, your annual interest rate and the number of years and click the calculate button for your monthly repayment amount and the total interest over the life of the loan. Number of Payments To calculate the number of payments for a set repayment amount, input your principal, your interest rate and your total repayment amount per month. This calcluation also gives the interest over the life of the loan. Compare this to the previous calculator to work out how much interest you will save with a higher payment amount. Compound Interest Calculate the future value of an initial amount invested for a given number of years. Input your original principal, the annual interest rate, the number of times a year your interest is paid and the number of years. Future Value Calculate the future value of a set amount invested each month. Input the amount you add, the interest rate, the number of payments you make each year and the number of years. Annual return If you know the initial amount you invested, the final value and the number of years, you can calculate the annualised interest rate for your investment. |
You can order the book in printed or e-book format through the Allen & Unwin website. Click here.
This site is intended to supply the tools for you to
do your own mortgage calculations and make your own
financial decisions. The information and calculations
are correct to the best of my knowledge, but are not
guaranteed. Neither the author nor the publisher will
accept any liability for any loss incurred from using
the resources on this website.
This site was designed to look best in 800 X 600 screen resolution, but will work on any size screen. Some features require Javascript. The layout, text, backgrounds and original images used on this site are copyright © LainieJean May 02. |