What is the best PHP loan repayment calculator class? #loan repayment calculator
Edit
by Ufuoma Wilfred - 4 years ago (2021-01-07)
Loan schedule with calendar dates
| I need a class that can calculate the schedule of loan repayments with calender dates. |
Ask clarification
1 Recommendation
Amort: Calculate and display loan amortization schedule
This class can calculate and display an amortization schedule of a loan.
It outputs a form to enter the values of the amount of a loan, the interest rate, and the length in years of the loan.
Optionally, it will either display the entire schedule or just the following calculated amounts:
- Total amount paid over the life of the loan
- Total interest paid over the life of the loan
- Total number of monthly payments
- The monthly payment
| by Manuel Lemos 26695 - 4 years ago (2021-01-07) Comment
This class here seems to do what you ask by taking the loan amount, years to repay and interest rate. Then it can calculate the amounts of the repayments and the loan repayment schedule. |