Loan Calculator yayQuery

gistfile1.js

var s,
LoanCalculator = {
  
  settings: {
    apr: jQuery("#lc_interest_rate").val(),
    term: jQuery("#lc_term_length").val(),
    price: jQuery("#lc_amount").val(),
    button: jQuery("#lc_calculate"),
    amount: 0,
    result: jQuery("#lc_payments")
  },

  init: function() {
    s = this.settings;
    this.bindUIActions();
  },

  bindUIActions: function() {
    s.button.live("click", function() {
      LoanCalculator.calculatePayment();
      jQuery(s.result).val(Math.ceil(s.amount) + '.00');
    });
  },

  calculatePayment: function() {
    //payment = principle * monthly interest/(1 - (1/(1+MonthlyInterest)*Months))
    s.amount = s.price * s.apr / (1 - (Math.pow(1/(1 + s.apr), s.term)));

  }

}

jQuery(document).ready (function() {
  LoanCalculator.init();
  console.log('Initializing Calculator...');
});