Javascript Loan Balance Calculator

This calculator will work out the current or closing balance on a loan from the opening balance, period interest rate and repayments.  To use the calculator, fill in the figures in the boxes marked '*' and click on the 'Calculate' button to display the result in the final box.  Click on the 'Reset' button to clear the calculator for a new calculation.

* Opening balance (£):
* Period rate (%):
* Repayment amount (£):
* Number of repayments:
Closing balance (£):

Coded in JavaScript and HTML by Brian Stewart, v1.0 October 2001