
This is a calculator you may never need. I created it because I wanted to see what would happen if you got a loan with a fixed principal payment instead of the normal loan that has a fixed (principal + interest) payment. So, here it is...
Note:
 Due to rounding, the calculations are approximate and intended to be used only as a guide.
 This calculator can also be used as an INTEREST ONLY CALCULATOR. Simply enter 0 for the Monthly Payment (Principal Only), fill in ALL of the other fields and press View Amortization Schedule.
 This calculator can also be used as a PRINCIPAL ONLY CALCULATOR. Simply enter 0 for the Interest Rate, fill in 2 of the other fields and press the button under the field for which you'd like to calculate. Select the date the first payment is due and press View Amortization Schedule.


