Payment Calculator

Posted on 2011-02-19
Medium Priority
Last Modified: 2012-05-11
Hi guys,

I'm developing the following calculator at http://centenary.thermosis.com/v2/home-search.html

Click one of the three groups of cars to view the options.  I need to know how I can calculate the Max price someone can afford after they choose an Interest Rate.  This is a basic calculator but I'm not sure how to work out the max amount.

This calculator does exactly what I'm talking about:


This does it in reverse using javascript: http://www.aussiecarloans.com.au/loan-calculator.html

At this point I don't need a "Down payment", "Trade in value" or "Balloon/Residual" field.  I just want to work out how much someone can afford based on Interest Rate, Time Period, and Installment Amount fields.

Question by:webstudiointeractive
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