Audit: Complete
Formula (LaTeX) + variables + units
This section shows the formulas used by the calculator engine, plus variable definitions and units.
Formula (extracted LaTeX)
\[M = P \frac{r(1+r)^n}{(1+r)^n - 1}\]
M = P \frac{r(1+r)^n}{(1+r)^n - 1}
Formula (extracted LaTeX)
\[M = 25000 \times \frac{0.00625 \times (1+0.00625)^{60}}{(1+0.00625)^{60} - 1}\]
M = 25000 \times \frac{0.00625 \times (1+0.00625)^{60}}{(1+0.00625)^{60} - 1}
Formula (extracted LaTeX)
\[M = 25000 \times \frac{0.00625 \times (1.45329...)}{(1.45329...) - 1}\]
M = 25000 \times \frac{0.00625 \times (1.45329...)}{(1.45329...) - 1}
Formula (extracted LaTeX)
\[M = 25000 \times \frac{0.009083...}{0.45329...}\]
M = 25000 \times \frac{0.009083...}{0.45329...}
Formula (extracted LaTeX)
\[M = 25000 \times 0.020038...\]
M = 25000 \times 0.020038...
Formula (extracted LaTeX)
\[M = \$500.95\]
M = \$500.95
Formula (extracted text)
$ M = P \frac{r(1+r)^n}{(1+r)^n - 1} $
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)
  • E = extra principal payment per period (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 Prepayment Calculator — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/loan-prepayment
  • Loan Comparison Calculator — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/loan-comparison
  • Personal Loan Calculator — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/personal-loan
  • Auto Loan Calculator — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/auto-loan
  • APR Calculator — calcdomain.com · Accessed 2026-01-19
    https://calcdomain.com/apr
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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