Audit: Complete
Formula (LaTeX) + variables + units
This section shows the formulas used by the calculator engine, plus variable definitions and units.
Formula (extracted LaTeX)
\[P = A \cdot \frac{1-(1+i)^{-n}}{i} + \frac{B}{(1+i)^n}\]
P = A \cdot \frac{1-(1+i)^{-n}}{i} + \frac{B}{(1+i)^n}
Formula (extracted LaTeX)
\[A = \left(P - \frac{B}{(1+i)^n}\right)\cdot \frac{i}{1-(1+i)^{-n}}\]
A = \left(P - \frac{B}{(1+i)^n}\right)\cdot \frac{i}{1-(1+i)^{-n}}
Formula (extracted LaTeX)
\[A = \frac{P - B}{n}\]
A = \frac{P - B}{n}
Formula (extracted text)
For a loan with principal $P$, periodic rate $i$ (APR converted to per-period), number of periods $n$, and a balloon $B$ due at maturity, the present value identity is: $P = A \cdot \frac{1-(1+i)^{-n}}{i} + \frac{B}{(1+i)^n}$ Solving for the regular payment $A$: $A = \left(P - \frac{B}{(1+i)^n}\right)\cdot \frac{i}{1-(1+i)^{-n}}$ Special case if $i=0$: $A = \frac{P - B}{n}$
Variables and units
  • P = principal (loan amount) (currency)
  • r = periodic interest rate (annual rate ÷ payments per year) (1)
  • n = total number of payments (years × payments per year) (count)
  • M = periodic payment for principal + interest (currency)
  • T = property tax (annual or monthly depending on input) (currency)
Sources (authoritative):
  • Home — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/
  • Finance — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/finance
  • Loans & Debt — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/subcategories/finance-loans-debt
  • Loan Amortization Schedule — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/loan-amortization
  • APR Calculator — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/apr
  • Loan Prepayment Planner — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/loan-prepayment
  • Loan Comparison — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/loan-comparison
Changelog
Version: 0.1.0-draft
Last code update: 2026-01-19
0.1.0-draft · 2026-01-19
  • Initial audit spec draft generated from HTML extraction (review required).
  • Verify formulas match the calculator engine and convert any text-only formulas to LaTeX.
  • Confirm sources are authoritative and relevant to the calculator methodology.
Verified by Ugo Candido on 2026-01-19
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