Loan Calculator with Extra Payments
This code shows how to calculate loan payments and amortized payments over a fixed amount of time. It allows the user to include an additional payment, either as a fixed amount of extra principal, or as a fixed payment over the P+I) It is based on an old VB 3.0 example, but improved to include the extra payment capability. It also calculates how much money is saved with the extra payment included.
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<script>
function changeBG(objRow, mouseState)
{
if (mouseState == 'on')
{
sColor = '#789ddc';
}
else if (mouseState == 'off')
{
sColor = '#FFFFFF';
}
objRow.bgColor = sColor;
}
</script>
<table cellpadding="0" cellspacing="2" align="center">
<tr onMouseOver="changeBG(this, 'on');" onMouseOut="changeBG(this, 'off');">
<td> Col 1 Row 1 </td>
<td> Col 2 Row 1 </td>
<td> Col 3 Row 1 </td>
<td> Col 4 Row 1 </td>
<td> Col 5 Row 1 </td>
</tr>
<tr onMouseOver="changeBG(this, 'on');" onMouseOut="changeBG(this, 'off');">
<td> Col 1 Row 2 </td>
<td> Col 2 Row 2 </td>
<td> Col 3 Row 2 </td>
<td> Col 4 Row 2 </td>
<td> Col 5 Row 2 </td>
</tr>
<tr onMouseOver="changeBG(this, 'on');" onMouseOut="changeBG(this, 'off');">
<td> Col 1 Row 3 </td>
<td> Col 2 Row 3 </td>
<td> Col 3 Row 3 </td>
<td> Col 4 Row 3 </td>
<td> Col 5 Row 3 </td>
</tr>
</table>
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