Saturday, October 31, 2009

Does anybody have a simple script for calculating monthly mortgage payments?

Just looking for a script that will use values from the following selection lists to calculate monthly mortgage payments:



1. Amount of loan



2. Duration of loan (in years)



3. Amount of interest



The user selects an approximate amount from these lists



(e.g %26lt;td%26gt;



%26lt;select name=%26quot;amount%26quot;%26gt;



%26lt;option%26gt;Select Amount of Loan%26lt;/option%26gt;



%26lt;option value=%26quot;225000.00%26quot;%26gt;$200,00-250,000%26lt;/optio...



. %26lt;td%26gt;



%26lt;select name=%26quot;duration%26quot;%26gt;



%26lt;option%26gt;Select Duration of Loan%26lt;/option%26gt;



%26lt;option value=%26quot;10.00%26quot;%26gt;10 years (fixed)%26lt;/option%26gt;)



and



%26lt;td%26gt;



%26lt;select name=%26quot;rate%26quot;%26gt;



%26lt;option size=%26quot;50%26quot;%26gt;Select a Rate of Interest%26lt;/option%26gt;



%26lt;option value=%26quot;0.055%26quot;%26gt;5.00% to 6.00% %26lt;/option%26gt;



The user should hit a button that then calculates the monthly payment without leaving the page.



If you have such a form (or something similiar) it would be greatly appreciated if you could reply.



Does anybody have a simple script for calculating monthly mortgage payments?

you can check any major mortgage lenders site then retrieve the script and make simple changes

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