When filling out a loan application, you need to provide the lender with both financial and personal information. This helps the lender validate your identity and determine your loan qualification.
[readon2 url="index.php?option=com_content&view=article&id=153&Itemid=185"]Lender Requirements[/readon2]
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function fixedfmt(num, decimals) {return num.toFixed ? num.toFixed(decimals) : num;}
function fmtmoney(num) {if (Math.abs(num) 0.005)num = 0; return "$" + fixedfmt(num, 2); }
function fmtpct(num) {return fixedfmt(num * 100, 2) + "%";}
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function getInput(){var field; var obj = new Object();
field = document.getElementById("principal");
obj.principal = parseFloat(field.value);
if (isNaN(obj.principal) || obj.principal = 0){
errorln("Invalid principal amount '" + field.value +"'. Need a positive number.");return false;
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field = document.getElementById("amortperiod");
obj.amortperiod = parseFloat(field.value);
if (isNaN(obj.amotperiod) || obj.amortperiod = 0) {errorln("Invalid amortization period '" + field.value + "'. Need a positive number.");return false;}
field = document.getElementById("paymentsperyear");
obj.payperyear = parseInt(field.value);
if (isNaN(obj.payperyear) || obj.payperyea <= 0) {errorln("Invalid number of payment per year '" + field.value + "'. Need a positive integer.");return false;}
field = document.getElementById("interest");
obj.interest = parseFloat(field.value) / 100;
if (isNaN(obj.interest) || obj.interest
Loan Calculator
| Loan Amount |
| Loan Terms(Years) |
| Payment Times Per Year |
| Interest(%) |
