Amortization Table:

This program calculates an amortization table for a mortgage. It is a great program that shows how HTML code is dynamically created.

Fill in the fields

Amount of the loan ($)
Annual interest rate (%)
Total number of years
Number of payments per year

Using the Program

This program breaks down when the interest rate and number of years are extremely high. You also cannot enter commas or dollars signs into the fields.

The following arithmetic operations can be inserted into any of the cells

  • Addition is +
  • Subtraction is -
  • Multiplication is *
  • Division is /
  • For example, entering 1000-10*10 into the amount of the loan results in 900.