Loan Amount Calculator
Calculate the approximate maximum value of the loan amount that you can afford by furnishing the asked details.
Code to add this calci to your website
A = ( P / r ) * [ 1 - (1+r)-N ]
A = Loan Amount
P = Payment Amount
r = Rate of Interest (compounded)
N = Number of Payments
Rate of Interest Compounded is,
r = i / 1200 and N = n * 12
r = i / 400 and N = n * 4
If Half yearly,
r = i / 200 and N = n * 2
r = i / 100 and N = n
This tool will help you dynamically to calculate the loan amount.