Difference between a constant payment mortgage (CPM) and constant amortization mortgage (CAM)


Value:

What is the value of the loan? E.g. $10,000.00 so input 10000.00

Loan Period (months):

How many monthly payments are required to pay off the loan? E.g. 48 months so input 48

Interest Rate:

What is the monthly interest rate for this loan? E.g. 4% so input 4