Investment Payment Amount Calculator
Online calculator to calculate payment amount for an investment.
Investment Payment Amount Calculator
Online calculator to calculate payment amount for an investment.
Code to add this calci to your website
Formula Used:
F = c + [( amt * d ) / 100 ] and P = ( r * F ) / ( (1+r)-N - 1 )
Where,
amt = Desire amount range
d = Down payment
c = Closing Cost
P = Payment Amount
F = Future Value
r = Rate of Interest (compounded)
N = Number of Payments
Rate of Interest Compounded is,
If Monthly,
r = i / 1200 and N = n * 12
If Quarterly,
r = i / 400 and N = n * 4
If Half yearly,
r = i / 200 and N = n * 2
If Yearly,
r = i / 100 and N = n
This tool will help you dynamically to calculate the Payment Amount for an Investment