?
Solved

Payment Calculator

Posted on 2011-02-19
1
Medium Priority
?
1,192 Views
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:

http://www.timevalue.com/products/tcalc-financial-calculators/car-affordability-calculator.aspx?PAYMENT=%241000.00&DOWNPAYMENT=&TRADEIN=&LOANTERM=5&LOANTERM_UNITS=Years&INTERESTRATE=10.000+%25&SHOWAMORTIZATIONSCHEDULE=on&COMPUTE=COMPUTE&CALCULATORID=PC01&HIDEFORMTAG=TRUE&TEMPLATE_ID=www.timevalue.com_1&PostBack=true

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.

Thanks!
0
Comment
Question by:webstudiointeractive
[X]
Welcome to Experts Exchange

Add your voice to the tech community where 5M+ people just like you are talking about what matters.

  • Help others & share knowledge
  • Earn cash & points
  • Learn & ask questions
1 Comment
 

Accepted Solution

by:
webstudiointeractive earned 0 total points
ID: 34936021
0

Featured Post

Get real performance insights from real users

Key features:
- Total Pages Views and Load times
- Top Pages Viewed and Load Times
- Real Time Site Page Build Performance
- Users’ Browser and Platform Performance
- Geographic User Breakdown
- And more

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

This article seeks to propel the full implementation of geothermal power plants in Mexico as a renewable energy source.
When we purchase storage, we typically are advertised storage of 500GB, 1TB, 2TB and so on. However, when you actually install it into your computer, your 500GB HDD will actually show up as 465GB. Why? It has to do with the way people and computers…
This is a video describing the growing solar energy use in Utah. This is a topic that greatly interests me and so I decided to produce a video about it.
Although Jacob Bernoulli (1654-1705) has been credited as the creator of "Binomial Distribution Table", Gottfried Leibniz (1646-1716) did his dissertation on the subject in 1666; Leibniz you may recall is the co-inventor of "Calculus" and beat Isaac…
Suggested Courses

752 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question