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Descriptions of Loan Calc |
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Loan Calc is an easy-to-use tool intended to calculate loans and mortgages repayments in a very simple way.
Loan Calc calculates repayments amount, monthly and total interest, total repayments and generates a full repayment list from a start date. Loan Calc is currency-independent so it can be used with Dollars, Francs, Marks, Pounds,... or whatever you like. Just use a dot or a comma for decimals depending on your system settings.
Loan Calc lets you select both period and interest compounding from continuous (compounding only), weekly, biweekly, monthly, quarterly, semiannually and annually. Furthermore Loan Calc allows you to save all the repayment list to a text file or an Excel sheet.
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