Compute Monthly Payment - with Amortization
Adding one extra payment over the life of the loan (Balloon).
This application allows the user to make a one-time extra payment. The default amount of the extra payment is $10,000.
When you run the application an amortization table is displayed. Look at
the third column (Payment) and find the entry with the one-time extra payment.
For more information on each item hold your mouse over the label in the left column to display the tooltip.