Loan Calculator 1.2

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Publisher's description of Loan Calculator

From LoanCalculator.ws: Loan calculator is completely free & user-friendly amortization software. This is an essential tool to estimate loan payments on homes, cars, and refinances. Just type loan amount, loan length, annual interest rate and program will generate full loan repayment plan. Loan calculator supports regional currency settings and works with wide range of repayment cycles from one month to 50 years. Also real-time calculations have been added.

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Editor's review of Loan Calculator

So you've taken out a loan, and there's just one critical question on your mind: How much do you have to pay? This freeware program helps users easily figure out payments over the lifetime of a loan.

The interface is fairly amateurish, but straightforward. Loan parameters are entered into one pane, producing the payment schedule in the other. The program also can display the results in an easily-read chart form. The payment information can be exported into other formats, including HTML and Excel, and the program contains helpful links to other financial tools, articles, and lenders. Overall, for people who aren't in the market for a professional financial adviser, Loan Calculator can help shed light on financial obligations for years to come.

User reviews of Loan Calculator

• Average user rating: out of 4 votes
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  Loan Calculator

  EXACTLY WHAT I WAS LOOKING FOR!!!!!

  by: corylarsen on 09-Sep-2005 09:53:29 AM

  Pros: I just wanted to be able to run numbers on loans, and this even gives you the amortization schedule. It's not one of those complicated ones that I can't figure out.

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  Loan Calculator

  Missing one feature (for me)

  by: michelcharlebois on 26-Jun-2008 10:09:39 AM

  Pros: range of calculation

  Cons: Does not convert well to Excel on my system. Does not let me change the amount of the monthly payment & add a final payment to compensate for the rounded-of monthly payment. Found another program that allows me to do this.

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  Loan Calculator

  Great for work.

  by: jackieferrell on 24-Jan-2008 02:14:05 PM

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  Loan Calculator

  The software does what it's supposed to do.

  by: mike h on 19-Jul-2007 08:32:32 AM

  Pros: I like the instant update as you make entries in variable fields. I like the eport to Excel feature.

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