{"id":325,"date":"2023-03-30T11:55:48","date_gmt":"2023-03-30T11:55:48","guid":{"rendered":"https:\/\/ebonds.co.za\/?page_id=325"},"modified":"2023-03-30T11:56:59","modified_gmt":"2023-03-30T11:56:59","slug":"extra-monthly-payment","status":"publish","type":"page","link":"https:\/\/ebonds.co.za\/index.php\/extra-monthly-payment\/","title":{"rendered":"Extra Monthly Payment"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"325\" class=\"elementor elementor-325\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49a401d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49a401d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a6423a9\" data-id=\"a6423a9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dfdbb6f elementor-widget elementor-widget-html\" data-id=\"dfdbb6f\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<!-- MAIN CONTENT -->\n\t<div id=\"t3-content\" class=\"t3-content\">\n\t\t\t\t\t<div id=\"system-message-container\">\n\t<\/div>\n\n\t\t\t\t\n\t  <div class=\"qx quix\">\n    <div class=\"qx-inner windows_nt_10_0\">\n                              \n      \n      <div \n  id=\"qx-section-654\" \n  class=\"qx-section \"    >\n\n  \n    <div \n    id=\"qx-row-635\" \n    class=\"qx-row \"    >\n\n    <div id=\"qx-column-634\" class=\"qx-column  qx-col-lg-12 qx-col-md-12 qx-col-sm-12 qx-col-xs-12\" >\n  <div id=\"qx-custom-html-557\" class=\"qx-element qx-element-custom-html \" >\n       <script type=\"text\/javascript\">\n\n        function Calculate() {\n\n            PurchasePrice = document.getElementById('inLoanAmt');\n            IntRate = document.getElementById('inRate');\n            Term = document.getElementById('inTerm');\n            AddAmt = document.getElementById('inAddAmt');\n\n            MonthRepayHead = document.getElementById('lblMonthRepay');\n            MonthRepaySav = document.getElementById('inMonthRepaySav');\n            TermHead = document.getElementById('lblTerm');\n            TermSav = document.getElementById('inTermSav');\n\n            MonthRepayHead.style.display = \"block\";\n            MonthRepaySav.style.display = \"block\";\n\n            TermHead.style.display = \"block\";\n            TermSav.style.display = \"block\";\n\n\n            P = Number(PurchasePrice.value);\n            I = Number(IntRate.value);\n            E = Number(AddAmt.value);\n            J = I \/ (12 * 100);\n            N = Number(Term.value) * 12;\n            M = P * (J \/ (1 - Math.pow((1 + J), -N)));\n            S = M.toFixed(2);\n\n            K = (M * N) - P;\n            L = M * N;\n            A = M + E \/\/Monthly Payment + Extra Monthly payment\n            R = -1 * Math.log(1 - (P \/ A) * ((I \/ 12) \/ 100)) \/ Math.log(1 + ((I \/ 12) \/ 100)); \/\/New Repayment Term\n            T = A * R; \/\/New Total Paid\n            Save = L - T;\n            Red = N - R;\n\n            MonthRepaySav.value = 'R ' + addCommas(Save.toFixed(2));\n            TermSav.value = Red.toFixed(0) + ' months';;\n        }\n\n        function addCommas(nStr) {\n            nStr += '';\n            x = nStr.split('.');\n            x1 = x[0];\n            x2 = x.length > 1 ? '.' + x[1] : '';\n            var rgx = \/(\\d+)(\\d{3})\/;\n            while (rgx.test(x1)) {\n                x1 = x1.replace(rgx, '$1' + ',' + '$2');\n            }\n            return x1 + x2;\n        }\n\n    <\/script>\n<\/head>\n<body>\n\n    <div class=\"container\">\n        <div class=\"row\">\n\n            <!--Content Right Starts Here-->\n            <div class=\"col-sm-12\">\n                <h2 class=\"head-color\">Extra Monthly Payment<\/h2>\n                <p>\n                    Calculate what your savings will be if you make a fixed extra payment each month.\n                <\/p>\n                <form class=\"form-horizontal\" role=\"form\">\n                    <div class=\"form-group\">\n                        <label class=\"control-label col-sm-5\" for=\"inLoanAmt\">Home Loan Amount:<\/label>\n                        <div class=\"col-sm-7\">\n                            <input type=\"number\" class=\"form-control\" id=\"inLoanAmt\" placeholder=\"Enter Loan Amount\" \/>\n                        <\/div>\n                    <\/div>\n                    <div class=\"form-group\">\n                        <label class=\"control-label col-sm-5\" for=\"inTerm\">Loan Term (years):<\/label>\n                        <div class=\"col-sm-7\">\n                            <input type=\"number\" class=\"form-control\" id=\"inTerm\" placeholder=\"Enter Nett Income\" value=\"20\" \/>\n                        <\/div>\n                    <\/div>\n                    <div class=\"form-group\">\n                        <label class=\"control-label col-sm-5\" for=\"inRate\">Interest Rate (%):<\/label>\n                        <div class=\"col-sm-7\">\n                            <input type=\"number\" runat=\"server\" class=\"form-control\" id=\"inRate\" placeholder=\"Enter Interest rate\" \/>\n                        <\/div>\n                    <\/div>\n                    <div class=\"form-group\">\n                        <label class=\"control-label col-sm-5\" for=\"inAddAmt\">Additional Monthly Amount:<\/label>\n                        <div class=\"col-sm-7\">\n                            <input type=\"number\" runat=\"server\" class=\"form-control\" id=\"inAddAmt\" placeholder=\"Enter Additional Monthly Amount\" \/>\n                        <\/div>\n                    <\/div>\n                    <div class=\"form-group\">\n                        <div class=\"col-sm-offset-5 col-sm-7\">\n                            <button type=\"button\" class=\"btn btn-default\" onclick=\"Calculate()\">Submit<\/button>\n                        <\/div>\n                    <\/div>\n\n\n                    <div class=\"form-group\">\n                        <label class=\"control-label col-sm-5\" for=\"inMonthRepaySav\" id=\"lblMonthRepay\" style=\"display:none\">Total Savings:<\/label>\n                        <div class=\"col-sm-7\">\n                            <input type=\"text\" class=\"form-control\" id=\"inMonthRepaySav\" disabled=\"disabled\" style=\"display:none\" \/>\n                        <\/div>\n                    <\/div>\n                    <div class=\"form-group\">\n                        <label class=\"control-label col-sm-5\" for=\"inTermSav\" id=\"lblTerm\" style=\"display:none\">Repayment Term Reduced by:<\/label>\n                        <div class=\"col-sm-7\">\n                            <input type=\"text\" class=\"form-control\" id=\"inTermSav\" disabled=\"disabled\" style=\"display:none\" \/>\n                        <\/div>\n                    <\/div>\n\n                <\/form>\n                <\/div>\n            <\/div>\n        <\/div>\n\n \n<\/body>\n<\/html>\n<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Extra Monthly Payment Calculate what your savings will be if you make a fixed extra payment each month. Home Loan Amount: Loan Term (years): Interest Rate (%): Additional Monthly Amount: Submit Total Savings: Repayment Term Reduced by:<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-325","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/pages\/325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/comments?post=325"}],"version-history":[{"count":4,"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/pages\/325\/revisions"}],"predecessor-version":[{"id":329,"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/pages\/325\/revisions\/329"}],"wp:attachment":[{"href":"https:\/\/ebonds.co.za\/index.php\/wp-json\/wp\/v2\/media?parent=325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}