Php Code for Loan Payment

This php programming code is used to find the loan payment . You can select the whole php code by clicking the select option and can use it. When you click text, the code will be changed to text format. This php program code will be opened in a new pop up window once you click pop-up from the right corner. You can just copy, paste this php code and use it to find the loan payment .

<?php 

$inst=0.4; $loan_amt=0.56; $pay=0.34;

$mon = ($inst/1200);
$quarterly = ($inst/400);
$Half = ($inst/200);
$annual = ($inst/100);

//Mothly
$ad = 1 + $mon;
  $amt_mon = -1*((log( 1 - (($mon * $loan_amt) / $pay))));
  $amt2 =(log($ad));  
  $amt = ($amt_mon / $amt2); 
echo sprintf("\nNumber of Payments based on monthly : %lf",$amt);

//Quarterly

     $ad = 1 + $quarterly;

  $amt_quart = (( -log( 1 - (($quarterly * $loan_amt) / $pay))));
  $amt = ($amt_quart / $amt2);
echo sprintf("\nNumber of Payments based on quarterly : %lf",$amt);

//HalfYearly
     $ad = 1 + $Half;
$amt_half;
  $amt_half = (( -log( 1 - (($Half * $loan_amt) / $pay))));
  $amt = ($amt_half / $amt2);
echo sprintf("\nNumber of Payments based on HalfYearly : %lf",$amt);

//Annually
     $ad = 1 + $annual;
  $amt_ann = (( -log( 1 - (($annual * $loan_amt) / $pay))));
  $amt = ($amt_ann / $amt2);
echo sprintf("\nNumber of Payments based on Annually : %lf",$amt);

?>
Other Programming Codes
Online Calculator : Loan Payment Calculator
Click on the select code link to copy and paste this free php program code for loan payment calculator.

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