This calculator on JavaScript can calculate monthly payment of loans if provided with the loan amount, interest rate and the duration of the loan period. Also it creates an amortization chart that provides details such as principal, monthly balance of the loan amount, total payments, interest and total interest. The script calculates an accurate value and is compatible with almost all the browsers like Mozilla 1.0, Netscape 6.2, Internet Explorer 5.02 and Opera 6.01, all on win2k. The script is also customizable too.
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