Loan Calculator – Add Payment Frequency

  • Hi Petko,

    I wish you are doing well. I just need some help on the formula for a loan calculator. I saw one from one of the threads here and I used it and it works like a charm!

    However id like to add ‘payment frequency like monthly yearly biweekly of bimonthly.. any advice how am I going to insert it from this original code of yours?

    [calculation total precision:0 “loanamount * (1 + 2.3 / 12 * 0.01) ^ (years * 12) * 2.3 / 12 * 0.01 / ( (1 + 2.3 / 12 * 0.01) ^ (years * 12) – 1)”]

    Your help will be greatly appreciated and your Plugin ROCKS!

    Regards,

    The page I need help with: [log in to see the link]

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