This free javasrcipt Mortgage Loan calculator is used to calculate Monthly Payment( EMI ),Monthly Average Interest and Monthly Interest based on Loan amount, rate of interest and number of years . This Loan calculator is for free.
Features
a) Javascript Simple Mortgage Loan Calculator provides Monthly Payment ( EMI ) and Monthly Interest for the given Loan amount ,interest rate and period.
b) This is a free javascript calculator.
c) Just copy the code into your page and use it.
Preview
Simple Mortgage Loan Calculator
Code
Javascript
<!-- Script by hscripts.com -->
<style type="text/css">
.subheading{ font-size:13px; font-family: arial, verdana, san-serif; color: black;}
</style>
<script type="text/javascript">
function checnum(as)
{
var dd = as.value;
if(isNaN(dd))
{
dd = dd.substring(0,(dd.length-1));
as.value = dd;
}
}
function loan()
{
var a = document.first.aa.value;
var b = document.first.bb.value;
var c = document.first.cc.value;
var n = c * 12;
var r = b/(12*100);
var p = (a * r *Math.pow((1+r),n))/(Math.pow((1+r),n)-1);
var prin = Math.round(p*100)/100;
document.first.r1.value = prin;
var mon = Math.round(((n * prin) - a)*100)/100;
document.first.r2.value = mon;
var tot = Math.round((mon/n)*100)/100;
document.first.r3.value = tot;
for(var i=0;i<n;i++)
{
var z = a * r * 1;
var q = Math.round(z*100)/100;
var t = p - z;
var w = Math.round(t*100)/100;
var e = a-t;
var l = Math.round(e*100)/100;
a=e;
}
}
</script>
<!-- Script by hscripts.com -->
For customization of this script or any script development, contact us at support@hscripts.com
Usage
Here we have explained with a form
a) Creating the form
<form name=first>
Loan Amount:<input name=aa type=text onkeyup=checnum(this) >
Interest Rates:<input name=bb type=text onkeyup=checnum(this) >
Term(Years):<input name=cc type=text onkeyup=checnum(this)>
<input type=button name=ss value=calculate onclick=loan() >
Monthly Payment(EMI): <input name=r1 type=text readonly >
Monthly Average Interest:<input name=r2 type=text readonly >
Monthly Interest:<input name=r3 type=text readonly >
</form>
b) Include the Javascript code into your <head> tag.
c) Enter the value for loan amount, rate of interest and number of years. After entering the values click calculate button
d) When calculate button is clicked then function loan() is triggered to calculate the monthly payment( EMI ), monthly average interest and monthly interest for the given loan amount, rate of interest and period.
License
- The javascript (misspelled as java script) is given under GPL License
- i.e. Free use for those who use the codes as it is.
- Free, if your modification does not remove our copyright information and links.
- Click Here for detailed license information.
- You can purchase the script if your requirements does not meet our GPL License terms.
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