Calculators - Raven A. Herron & Co., PC - Expert Accounting & Tax Services

Unique Tools to Help Plan Your Future We’ve compiled a few financial calculators to help you successfully plan for your future. Though not a substitute for advice and information provided by a qualified professional, our calculators offer a good starting point to a secure future. Mortgage Payment Calculator Javascript is required to use Mortgage Payment Calculator - Calculate Installment Online Mortgage Calculator - module for Joomla Mortgage Loan Payment Calculator - extension for Joomla Mortgage Payment Calculator Loan amount $ Down payment $ % Amortization period year Interest rate % Payment weekly fortnightly monthly two-monthly quarterly semi-annual annual Maintenance $ monthly Rental income $ monthly Add Taxes + Insurance Property taxes $ year % Home insurance $ year Mortgage insurance $ year Overview Principal Interest Total Principal Interest Maintenance + Add Property taxes + Add Insurance Rental income Calculate function calculated(firstInit){ jQuerMG(container+'input.mortgage-downpayment').focusout(function(event) { var value = ((jQuerMG(this).val()/jQuerMG(container+'.mortgage-price').val())*100).toFixed(4); jQuerMG(container+'input.mortgage-downpayment-percent').val(value); //change downpayment($) calculate_output(false) }); jQuerMG(container+'input.mortgage-downpayment-percent').focusout(function(event) { var value = Math.ceil(jQuerMG(container+'.mortgage-price').val()*(jQuerMG(this).val()/100)); jQuerMG(container+'input.mortgage-downpayment').val(value); //change downpayment(%) calculate_output(false) }); jQuerMG(container+'input.mortgage-taxes').focusout(function(event) { var value = ((jQuerMG(this).val()/jQuerMG(container+'.mortgage-price').val())*100).toFixed(4) jQuerMG(container+'input.mortgage-tax-percent').val(value); //change taxes($) calculate_output(false) }); jQuerMG(container+'input.mortgage-tax-percent').focusout(function(event) { var value = Math.ceil(jQuerMG(container+'.mortgage-price').val()*(jQuerMG(this).val()/100)); jQuerMG(container+'input.mortgage-taxes').val(value); //change taxes(%) calculate_output(false) }); calculate_output(firstInit); // initcalculate_output } function calculate_output(firstInit){ var homePrice = jQuerMG(container+'.mortgage-price').val(); var downPayment = jQuerMG(container+'.mortgage-downpayment').val(); var downPaymentPercent = jQuerMG(container+'.mortgage-downpayment-percent').val(); var amortization = jQuerMG(container+'.mortgage-amortization').val(); var interestPercent = jQuerMG(container+'.mortgage-interest-percent').val(); //var payment (weekly, mounthly);2 button ////////////////////////////The inputs below are simply added to the total amount///////////////////////// var maintenance = jQuerMG(container+'.mortgage-maintenance').val(); var rentalIncome = jQuerMG(container+'.mortgage-rental-income').val(); // var taxesInsurance Add Taxes + Insurance checkbox + make visible html block var propertyTaxes = jQuerMG(container+'.mortgage-taxes').val(); //($ /year) var propertyTaxesPercent = jQuerMG(container+'.mortgage-tax-percent').val(); //(%) var homeInsurance = jQuerMG(container+'.mortgage-home-insurance').val(); //($ /year) var mortgageInsurance = jQuerMG(container+'.mortgage-insurance').val(); //($ /year) ///////////////////////////////Calculated///////////////////////// var value_downpayment = Math.ceil(homePrice*(downPaymentPercent/100)) var value_taxes = Math.ceil(homePrice*(propertyTaxesPercent/100)) //////Overview allPrincipal = Math.ceil(homePrice-value_downpayment); //Principal var selectedPayPeriod = jQuerMG(container+'.payment-option.active').text(); if(!jQuerMG(container+'.mortgage-include-taxes-insurance').is(":checked")) { var propertyTaxes = 0 var propertyTaxesPercent = 0 var homeInsurance = 0 var mortgageInsurance = 0 } switch(selectedPayPeriod){ case "weekly": inYear = 52; lessMonth = 4.36; paymentPeriod = "Weekly payments"; period = "/ weekly"; break; case "fortnightly": inYear = 26; lessMonth = 2.18; paymentPeriod = "Fortnightly payments"; period = "/ fortnightly"; break; case "monthly": inYear = 12; lessMonth = 1; paymentPeriod = "Monthly payments"; period = "/ monthly"; break; case "two-monthly": inYear = 6; lessMonth = 0.5; paymentPeriod = "Two-monthly payments"; period = "/ two-monthly"; break; case "quarterly": inYear = 4; lessMonth = 0.25; paymentPeriod = "Quarterly payments"; period = "/ quarterly"; break; case "semi-annual": inYear = 2; lessMonth = 0.1666; paymentPeriod = "Semi-annual payments"; period = "/ semi-annual"; break; case "annual": inYear = 1; lessMonth = 0.08333; paymentPeriod = "Annual payments"; period = "/ annual"; break; default: inYear = 12; lessMonth = 1; paymentPeriod = "Monthly payments"; period = "/ monthly"; break; } allInterest = allPrincipal*Math.pow((1+((interestPercent/100)/inYear)),inYear*amortization)*(((interestPercent/100)/inYear)/(Math.pow(1+((interestPercent/100)/inYear),inYear*amortization)-1)) allInterest = allInterest*inYear*amortization allInterest = Math.ceil(allInterest-allPrincipal) allTotal = Math.ceil(allPrincipal+allInterest) Count = Math.ceil(amortization*inYear); Principal = Math.ceil(allPrincipal/Count); Interest = Math.ceil(allInterest/Count); Maintenance = Math.ceil(maintenance / lessMonth); PropertyTaxes = Math.ceil(propertyTaxes/(12*lessMonth)); HomeInsurance = Math.ceil((Number(homeInsurance)+Number(mortgageInsurance))/(12*lessMonth)); RentalIncome = Math.ceil(rentalIncome / lessMonth); Summ = Principal+Interest+Maintenance+PropertyTaxes+HomeInsurance-RentalIncome; jQuerMG(container+'input.mortgage-downpayment').val(value_downpayment); jQuerMG(container+'input.mortgage-taxes').val(value_taxes); //////Overview jQuerMG(container+'.overview-principal .summary-value').text(allPrincipal+' $'); jQuerMG(container+'.overview-interest .summary-value').text(allInterest+' $'); jQuerMG(container+'.overview-total .summary-value').text(allTotal+' $'); //////Monthly BIweekly jQuerMG(container+'.mortgage-payment-period').text(paymentPeriod); jQuerMG(container+'.payment-principal .summary-value').text(Principal+' $'); jQuerMG(container+'.payment-interest .summary-value').text('+ '+Interest+' $'); jQuerMG(container+'.payment-maintenance .summary-value').text('+ '+Maintenance+' $'); if(!firstInit && jQuerMG(container+'.mortgage-include-taxes-insurance').is(":checked")){ jQuerMG(container+'.payment-taxes .summary-value').text('+ '+PropertyTaxes+' $'); jQuerMG(container+'.payment-insurance .summary-value').text('+ '+HomeInsurance+' $'); } jQuerMG(container+'.payment-rental .summary-value').text('- '+RentalIncome+' $'); jQuerMG(container+'.payment-total .summary-value').text(Summ+" $"); jQuerMG(container+'.payment-total .summary-name').text(period); } jQuerMG(container+'.mortgage-include-taxes-insurance').attr('checked', false); calculated(true); //start init //input focusout jQuerMG(container).find('.mortgage-price,.mortgage-amortization,.mortgage-interest-percent,.mortgage-maintenance,.mortgage-rental-income,.mortgage-home-insurance,.mortgage-insurance').focusout(function(event) { if(jQuerMG(this).val()>100000000){ jQuerMG(this).val(100000000); } if(jQuerMG(this).val()

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