Algorithm for loan amortization
IT & Infrastructure
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Does anyone have an algorithm for a loan amortization? I have searched the web but all I can seem to find is lenders wanting to loan money. I want to make my own custom app where I can just put in the price, interest rate, and duration (years/months) to calculate an accurate schedule.
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Does anyone have an algorithm for a loan amortization? I have searched the web but all I can seem to find is lenders wanting to loan money. I want to make my own custom app where I can just put in the price, interest rate, and duration (years/months) to calculate an accurate schedule.
For starters, view the source code for this page.
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