How is amortization calculated in Quicken?
How Amortization is Calculated in Quicken. Quicken's amortization features use the following formulas to calculate payments, principal, and interest for a loan. r = interest rate per period, given by this formula: Similarly, if you enter the principal, Quicken calculates the payment amount as follows:
DA: 69 PA: 66 MOZ Rank: 6