# Advanced Loan Amortization Calculator

## Calculates a table of the loan amortization using advanced repayment.

 Equal repayment of principal-and-interestprincipal Interest rate % (r) annuallymonthly Loan term years (n) Repayment frequency (k) annuallysemiannuallyquarterlymonthly Principal (P) Advanced repayment at th period Number of repayments reducesame 6digit10digit14digit18digit22digit26digit30digit34digit38digit42digit46digit50digit
 $\normal Loan\ amortization\\[10]1.\ equal\ repayment\ of\\\hspace{80} principal-and-interest\\(1)\ PMT=P\times{\large\frac{\large\frac{r}{k}}{1-(1+{\large\frac{r}{k}})^{-nk}}}\hspace{20}if\ r\neq 0\\\hspace{25}PMT=P\times{\large\frac{1}{nk}}\hspace{90}if\ r=0\\(2)\ FV_j=P\times(1+{\large\frac{r}{k}})^j-PMT\times\frac{(1+{\large\frac{r}{k}})^j-1}{r/k}\\\hspace{120} j:\ number\ of\ periods\\\vspace{20}\\2.\ equal\ repayment\ of\ principal\\(1)\ \ PMT_j=P\times{\large\frac{1+(nk-j+1)r}{nk}}\\(2)\ FV_j=P\times(1-{\large\frac{j}{nk}})\\\hspace{120} j:\ number\ of\ periods\\$

 [1-2] /2 Disp-Num5103050100200
[1]  2018/12/15 09:03   Female / 50 years old level / An office worker / A public employee / A little /
Purpose of use
Calculate loan payments
Comment/Request
Is there a loan calculator and amortization that will calculate loans in three different installments with additional payments due in year 5

will greatly appreciate some assistance.

Thank y ou.
[2]  2014/08/11 21:33   Male / 60 years old level or over / Others / Very /
Purpose of use
To consolidate bills that we have and buy my son-in-laws truck. Redo our home to make it handicapped completely. Also some work needed around the exterior of our home.

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