Kevin P Scambler & Associates - Tax Agents and Accountants - Financial Services
Specialising in Personal, Business and Property Accounting Since 1994
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Finance Calculator
The Finance Calculator calculates, to the nearest round dollar, the monthly payment expected.

If your quote is more than a few dollars above the calculation shown it may pay you to obtain further quotes.

Important Note: Only enter data in the green cells.

AMOUNT OF LOAN
Enter in green cells only
Number of years in loan (payments at end of period)
Interest rate per annum    
Number of payments per year    
First payment number in period
Last payment number in period
   
       
OPENING BALANCE Before payment number¦
Add: Interest charges for period  
 = OPENING BALANCE + INTEREST    
Less: Total payments in period    
CLOSING BALANCE After payment number¦
    PRINCIPAL REDUCTION

Tel: (07) 5452 7205  -  Email: info@kpsa.com.au - Address: Suite 7, “Perlan House” 50 Aerodrome Road Maroochydore Q 4558
Copyright © 2009 Kevin P Scambler & Associates, All Rights Reserved