Re: Amortization calculator

From: Date: Mon, 05 Feb 2007 15:45:07 +0000
Subject: Re: Amortization calculator
References: 1  Groups: php.general 
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Dan Harrington wrote:
Hello, I am looking for a 365-day (as opposed to 360) amortization calculator. Does anyone know of one written in PHP that could be used to calculate payments, P&I, etc on loans with the various variables changeable like this? http://ray.met.fsu.edu/cgi-bin/amortize Thanks Dan
Usually 360 means number of months, not days, in an amortization calculator (30 years). That's a pretty standard loan term. I used this when I had to write my own amortization calculator: http://www.hughchou.org/calc/formula.html I think there's a PHP version you can download on it. -- Ray Hauge Primate Applications

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