Loan repayment calculator

Calculates the exact interest and exit date for a loan where repayments are made weekly, interest is calculated on a daily basis and charged at the end of the month. NOTE: This does not take into consideration any bank fees, taxes or other transaction.

Loan Amount (eg. 320000)
Interest Rate (eg. 7.25)
Start Date (eg. 12 Feb 2007)
Weekly Payment (eg. 345.12)
Term of Loan in Years (eg. 30)