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	<title>Prosper Lending &#124; Borrowing Tips &#187; calculator</title>
	<atom:link href="http://www.easyprospertips.com/tag/calculator/feed" rel="self" type="application/rss+xml" />
	<link>http://www.easyprospertips.com</link>
	<description></description>
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		<title>Loan calculator with statistics for all listings from the last past year</title>
		<link>http://www.easyprospertips.com/prosper/loan-calculator-with-statistics-for-all-listings-from-the-last-past-year</link>
		<comments>http://www.easyprospertips.com/prosper/loan-calculator-with-statistics-for-all-listings-from-the-last-past-year#comments</comments>
		<pubDate>Sat, 27 Oct 2007 07:04:04 +0000</pubDate>
		<dc:creator>knix</dc:creator>
				<category><![CDATA[prosper]]></category>
		<category><![CDATA[borrowing]]></category>
		<category><![CDATA[calculator]]></category>
		<category><![CDATA[statistics]]></category>

		<guid isPermaLink="false">http://www.easyprospertips.com/prosper/loan-calculator-with-statistics-for-all-listings-from-the-last-past-year</guid>
		<description><![CDATA[Here is a neat little calculator that displays a bar chart showing how listings has resulted in the past given the credit grade and the loan amount requested.  The results will give a count of the total number of similar listings as well the percentage of listings that were canceled, completed, expired or withdrawn. [...]]]></description>
			<content:encoded><![CDATA[<p>Here is a neat little calculator that displays a bar chart showing how listings has resulted in the past given the <em>credit grade</em> and the <em>loan amount requested</em>.  The results will give a count of the total number of similar listings as well the percentage of listings that were <em>canceled</em>, <em>completed</em>, <em>expired</em> or <em>withdrawn</em>.  More importantly, it also shows you the percentage of these listings that were <em>100% funded</em> versus the ones that <em>did not reach full funding</em>.  Statistics also include the <em>average borrower APR</em> and the <em>maximum APR</em> the borrower was willing to accept.  This tool can assist you in deciding on a realistic interest rate based on your loan amount and credit grade.<span id="more-15"></span></p>
<p><script type="text/javascript">         dhtmlLoadScript("../includes/js/functions.js");        dhtmlLoadScript("../includes/js/AjaxRequest.js");  </script></p>
<form name="funding" method="get" action="/tools/funding.php" onsubmit="submitForm(this, 'result');return false;">
<table>
<tr>
<td>Credit grade</td>
<td>
<select name="creditgrade" style="width: 60px"> <option value="7">AA</option> <option value="6">A</option> <option value="5">B</option> <option value="4">C</option> <option value="3">D</option> <option value="2">E</option> <option value="1">HR</option> </select>
</td>
</tr>
<tr>
<td>Loan amount requested</td>
<td>
<select name="amount" style="width: 200px"> <option value="1">$1000 &#8211; $1999</option> <option value="2">$2000 &#8211; $2999</option> <option value="3">$3000 &#8211; $3999</option> <option value="4">$4000 &#8211; $4999</option> <option value="5">$5000 &#8211; $5999</option> <option value="6">$6000 &#8211; $6999</option> <option value="7">$7000 &#8211; $7999</option> <option value="8">$8000 &#8211; $8999</option> <option value="9">$9000 &#8211; $9999</option> <option value="10">$10000 &#8211; $10999</option> <option value="11">$11000 &#8211; $11999</option> <option value="12">$12000 &#8211; $12999</option> <option value="13">$13000 &#8211; $13999</option> <option value="14">$14000 &#8211; $14999</option> <option value="15">$15000 &#8211; $15999</option> <option value="16">$16000 &#8211; $16999</option> <option value="17">$17000 &#8211; $17999</option> <option value="18">$18000 &#8211; $18999</option> <option value="19">$19000 &#8211; $19999</option> <option value="20">$20000 &#8211; $20999</option> <option value="21">$21000 &#8211; $21999</option> <option value="22">$22000 &#8211; $22999</option> <option value="23">$23000 &#8211; $23999</option> <option value="24">$24000 &#8211; $24999</option> <option value="25">$25000 &#8211; $25000</option> </select>
</td>
</tr>
<tr>
<td>
<input value="Submit" type="submit" /></td>
<td><img src="/images/loading.gif" style="margin: 0px; padding: 0px" id="load" class="hidden" /></td>
</tr>
</table>
</form>
<p>Please note that I have noticed issues with this tool when using IE6 or FireFox on a Mac. I will look into it and try to fix the bug. In the meantime, if you would like to utilize this tool, it is best to use FireFox with a PC or Safari on a Mac.</p>
<p id="result" class="hidden"><span style="background: yellow none repeat scroll 0% 50%; -moz-background-clip: -moz-initial; -moz-background-origin: -moz-initial; -moz-background-inline-policy: -moz-initial">Loading data&#8230;</span></p>
<p>You may also be interested in reading the following posts:</p>
<ul>
<li><a href="http://www.easyprospertips.com/prosper/default-rates-broken-down-by-credit-grade-and-dti-buckets">Default Rates broken down by Credit Grade and DTI Buckets</a></li>
<li><a href="http://www.easyprospertips.com/prosper/the-top-1000-5-letter-words-in-the-description-of-funded-listings-vs-non-funded-listings">The Top 1000 5-letter Words in the Description of Funded Listings vs. Non-Funded Listings</a></li>
<li><a href="http://www.easyprospertips.com/prosper/which-day-of-the-week-should-i-end-my-listing">Which day of the week should I end my listing?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/how-long-should-i-have-my-listing-for">How long should I have my listing for?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/which-day-of-the-week-are-lenders-most-active-in-bidding">Which day of the week are lenders most active in bidding?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/what-time-of-the-day-are-lenders-most-active">What time of the day are lenders most active?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/does-the-amount-of-content-in-the-description-of-my-listing-really-matter">Does the amount of content in the Description of my Listing really matter?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/how-do-i-create-a-successful-listing-on-prosper">How do I create a successful listing on Prosper?</a></li>
</ul>

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		</item>
		<item>
		<title>What interest rate should I use when bidding on a loan?</title>
		<link>http://www.easyprospertips.com/prosper/what-interest-rate-should-i-use-when-bidding-on-a-loan</link>
		<comments>http://www.easyprospertips.com/prosper/what-interest-rate-should-i-use-when-bidding-on-a-loan#comments</comments>
		<pubDate>Fri, 19 Oct 2007 21:45:34 +0000</pubDate>
		<dc:creator>knix</dc:creator>
				<category><![CDATA[prosper]]></category>
		<category><![CDATA[calculator]]></category>
		<category><![CDATA[lending]]></category>

		<guid isPermaLink="false">http://www.easyprospertips.com/prosper/what-interest-rate-should-i-use-when-bidding-on-a-loan</guid>
		<description><![CDATA[Here is a simple calculator to assist you in figuring out what interest you should be using when you bid on a listing.  It takes into account the borrower credit grade and your desired interest rate.  This tool calculates the adjusted interest rate which accounts for the Prosper loan servicing fee and the [...]]]></description>
			<content:encoded><![CDATA[<p>Here is a simple calculator to assist you in figuring out what interest you should be using when you bid on a listing.  It takes into account the borrower credit grade and your desired interest rate.  This tool calculates the adjusted interest rate which accounts for the Prosper loan servicing fee and the average default rate for borrowers with the same credit grade.  Please note that actual results may vary. </p>
<p>Update: Prosper now has a risk calculator that will estimate your earnings based on the historical performance of similar listings in the past when making your bid.  I highly recommend utilizing this tool when bidding as it is more accurate.<span id="more-8"></span><br />
<script type="text/javascript">    dhtmlLoadScript("/includes/js/calc_prosper_interest_rate.js"); loadcss("/templates/css/gas_calc.css"); </script></p>
<form name="bidinterestform" class="gascalc">
<table>
<tr>
<th colspan="2">Prosper Interest Rate Calculator</th>
</tr>
<tr>
<td align="right">Interest rate you want to earn<em>*</em></td>
<td>
<input size="5" id="desiredrate" />%</td>
</tr>
<tr>
<td align="right">Borrower credit grade<em>*</em></td>
<td>
<select name="creditgrade" style="width: 50px"><option value="aa">AA</option><option value="a">A</option><option value="b">B</option><option value="c">C</option><option value="d">D</option><option value="e">E</option><option value="hr">HR</option></select>
</td>
</tr>
<tr>
<td align="right"><em>*</em>Required fields</td>
<td>
<input name="calculate" value="Submit" class="button" onclick="calculate_bid_interest_rate(bidinterestform)" type="button" />
<input name="Reset" class="button" type="reset" /></td>
</tr>
</table>
<table>
<tr>
<td align="right"><strong>Use this interest rate when bidding</strong></td>
<td>
<input size="5" id="interestrate" /><strong>%</strong></td>
</tr>
<tr>
<td align="right">Prosper loan servicing fee</td>
<td>
<input size="5" id="prosperfee" />%</td>
</tr>
</table>
</form>
<p id="explanation">&nbsp;</p>
<p>You may also be interested in reading the following posts:</p>
<ul>
<li><a href="http://www.easyprospertips.com/prosper/default-rates-broken-down-by-credit-grade-and-dti-buckets">Default Rates broken down by Credit Grade and DTI Buckets</a></li>
<li><a href="http://www.easyprospertips.com/prosper/how-do-i-choose-a-prosper-loan">How do I choose a Prosper loan to fund?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/taking-into-account-the-prosper-fees-and-net-default-rates-which-credit-grade-will-have-the-highest-return-of-investment-roi">Taking into account the Prosper fees and net default rates, which credit grade will have the highest return of investment (ROI)?</a></li>
<li><a href="http://www.easyprospertips.com/prosper/how-much-should-i-bid-on-my-prosper-loans">How much money should I bid on Prosper loans?</a></li>
</ul>

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