Talk:Amortization calculator

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I do not have the confidence to edit this page but I suggest that the maths behind derivation of this formula be illustrated if possible. Also since there is a repeated term ,in the formula at the time of writing, can the author divide 'top and bottom' by this factor and simplify the equation so it only has to be used once ? Many thanks for the input from all of the contributers.

J_B. Is there an excel or openoffice (calc) tutorial where how to do mortgage calculations are explained ?


Is it possible to post excel spreadsheets on wikipedia? I wouldn't mind adding a sample amortization schedule.

I think this article should make the distinction clear between dealing with installment debt and revolving loans. Additionally, it should make explicit reference to concepts of APR and Truth-in-Lending regulations. I will begin to make these contributions. -- Mhervitz 14:59, 21 July 2006 (UTC)