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Loan Calculator with Extra Payments

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Submitted on: 7/20/1999
By: kmmatney 
Level: Not Given
User Rating: By 102 Users
Compatibility: VB 5.0, VB 6.0
Views: 27256
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     This code shows how to calculate loan payments and amortized payments over a fixed amount of time. It allows the user to include an additional payment, either as a fixed amount of extra principal, or as a fixed payment over the P+I) It is based on an old VB 3.0 example, but improved to include the extra payment capability. It also calculates how much money is saved with the extra payment included.
 
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Other User Comments
7/21/1999 7:02:00 AMSweet Deluxe

I get an error trying to open you Loan Payment project.
'Retained' is an invalid key. The file c:\windows\destkop\loanpa~1.vbp can't be loaded.

I'm using VB 5.0 Any ideas on how I can resolve this?
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7/26/1999 9:42:00 AMbug fix

Edit the VBP file in notepad and delete
the retaned=0 key.
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8/16/1999 7:25:00 AMWalter Barnes

I'm receiving this error when I load the "Loan Calculator with Extra Payments" code in VB6.

Line 96: Class MSFlexGridLib.MSFlexGrid of control grdPayments was not a loaded control class.
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8/16/1999 10:14:00 PMKevino

Dear Walter,

It sounds like the MSFlxgrd.ocx file may not be registered on your computer. This control only comes with the professional version of VB 6, and this may be the source of the error. Can you add the Microsoft Flexgrid Control to any other projects?

K. Matney
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12/22/1999 7:16:39 PMsteve

Great Code..:)
Thank You..
Just a suggestion..
In the CalcAmort procedure, when displaying the values, add this to the code after the Else for when paid off :

grdPayments.Rows = i
grdPayments.Redraw = True
Exit For
-- This will reset the grid to only display the filled rows..just so you don't have a huge list of empty rows..
Again, great code :)
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