Interest Calculator
Untitled Web App
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Untitled Web App
<!DOCTYPE html>
<html>
<head>
<script type="text/javascript"> window.addEventListener('error', function(event) { var message = JSON.parse(JSON.stringify(event.message)); var source = event.filename; var lineno = event.lineno; var colno = event.colno; var error = event.error; window.parent.postMessage({ type: 'iframeError', details: { message: message, source: source, lineno: lineno, colno: colno, error: error ? error.stack : '' } }, '*'); }); window.addEventListener('unhandledrejection', function(event) { window.parent.postMessage({ type: 'iframePromiseRejection', details: { reason: event.reason } }, '*'); }); </script>
<title>Interest Calculator</title>
<link rel="canonical" href="https://calculator.tools/prompt/1806/">
<meta charset="utf-8">
</head>
<body>
<h1>Interest Calculator</h1>
<label for="principal">Principal (in USD):</label><br>
<input type="number" id="principal" name="principal"><br>
<label for="rate">Interest Rate (in %):</label><br>
<input type="number" id="rate" name="rate"><br>
<label for="term">Term (in years):</label><br>
<input type="number" id="term" name="term"><br>
<label for="interest-type">Interest Type:</label><br>
<select id="interest-type" name="interest-type">
<option value="simple">Simple Interest</option>
<option value="compound">Compound Interest</option>
</select><br>
<button onclick="calculate()">Calculate</button>
<p id="output"></p>
<table id="amortization-table" style="display: none;">
<caption>Monthly Amortization Schedule</caption>
<thead>
<tr>
<th>Month</th>
<th>Principal</th>
<th>Interest</th>
<th>Total Payment</th>
<th>Balance</th>
</tr>
</thead>
<tbody id="amortization-body">
</tbody>
</table>
<script>
function calculate() {
var principal = document.getElementById('principal').value;
var rate = document.getElementById('rate').value / 100;
var term = document.getElementById('term').value;
var interestType = document.getElementById('interest-type').value;
if (interestType === 'simple') {
var interest = principal * rate * term;
var monthlyPayment = (parseFloat(principal) + parseFloat(interest)) / (term * 12);
} else if (interestType === 'compound') {
var interest = principal * Math.pow((1 + rate), term) - principal;
var monthlyPayment = (parseFloat(principal) + parseFloat(interest)) / (term * 12);
}
document.getElementById('output').innerHTML = 'The interest is $' + interest.toFixed(2);
// Generate amortization schedule
var amortizationBody = document.getElementById('amortization-body');
amortizationBody.innerHTML = '';
for (var i = 1; i <= term * 12; i++) {
var month = i;
var principalPayment = monthlyPayment - (parseFloat(principal) * rate);
var interestPayment = parseFloat(principal) * rate;
var totalPayment = monthlyPayment;
principal -= principalPayment;
var row = '<tr><td>' + month + '</td><td>$' + principalPayment.toFixed(2) + '</td><td>$' + interestPayment.toFixed(2) + '</td><td>$' + totalPayment.toFixed(2) + '</td><td>$' + principal.toFixed(2) + '</td></tr>';
amortizationBody.innerHTML += row;
}
document.getElementById('amortization-table').style.display = 'block';
}
</script>
<script type="text/javascript"> var localStoragePrefix = "ct-{{ cachebreaker }}"; var lastSave = 0; function saveLocal(data) { if (Date.now() - lastSave < 1000) { return; } let cookie = localStoragePrefix + "=" + JSON.stringify(data) + "; path=" + window.location.pathname + "'; SameSite=Strict"; cookie += "; expires=" + new Date(Date.now() + 1000 * 60 * 60 * 24 * 365 * 1000).toUTCString(); document.cookie = cookie; lastSave = Date.now(); } function loadLocal() { var cookiePrefix = localStoragePrefix + "="; var cookieStart = document.cookie.indexOf(cookiePrefix); if (cookieStart > -1) { let cookieEnd = document.cookie.indexOf(";", cookieStart); if (cookieEnd == -1) { cookieEnd = document.cookie.length; } var cookieData = document.cookie.substring(cookieStart + cookiePrefix.length, cookieEnd); return JSON.parse(cookieData); } } </script>
<script type="text/javascript"> window.addEventListener('load', function() { var observer = new MutationObserver(function() { window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); observer.observe(document.body, {attributes: true, childList: true, subtree: true}); window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); </script>
</body>
</html>
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