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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