Posted by dealmaker on February 14, 2006 at 08:08:12:
Just usse your regular calculator, or the amortization one, and break it down into two loans. The first one is P divided by the number of months, pretty simple. The second one is average P over the life of the loan, X I, divided by number of months from beginning to final payment.
Let us know if you actually collect anything. Something more than 99 percent of all personal judgement in the USA are WORTHLESS.
I need an amoritization calculator that will figure out the monthly payment on a
judgment. The amoritization calculators for standard loan payments won’t work
for what I need. In CA, 100% of the monthly payment must apply to the
principle. Once the principle is paid off then the monthly payment can apply to
the interest. Hope that made sense. Any advice?