BDS Software Logo Home
Yet Another

The difference here is that this calculator is run completely on the client machine using JavaScript, and the source code is available for you to inspect: just click on View|Source.

Enter values for Principal, Interest, Years, Points, Fees, and Precision. (Generally, you should leave Precision = 0.0001 unless you have a special reason for changing it.) Then click the "Calculate" button and the calculated values for Proceeds, Payment, and APR will be displayed.

Principal = Loan principal amount, dollars
                  = Mortgage "Face" Amount

Interest = Loan interest rate, percent

Years = Loan repayment period, years

Points = Total loan points, percent

Fees = Total loan fees, dollars

Precision = Precision for APR, percent
                  defaults to 0.0001 if set to
                  precision <= 0 or
                  precision >= 1

Proceeds = Loan proceeds, dollars
                  = actual amount to be received

Payment = Monthly payment, dollars

APR = Annual Percentage Rate

Disclaimer: BDS Software does not warrant or guarantee this Mortgage Calculator's results. It is a demonstration of our capabilities only. Although it may be used as a helpful guide for your loan transactions, you should consult your own financial institution for exact figures.

BDS Software
P.O. Box 485
Glenview, IL 60025-0485
PHONE: 708-476-6882
FAX: 847-657-8359