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| Program: |
Loan Payment Calculator |
| Version: |
1.0 |
| Date Released: |
unreleased |
| Download Size: |
??? Kb |
| Supported Operating Systems: |
Windows 95, Windows 98, Windows ME, Windows NT, Windows 2000, Windows 2003, Windows XP |
| Requirements: |
Microsoft Visual Basic 6 Run-Time Redistribution Pack SP5 |
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Download Available Soon |
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| Product Description: |
Want to know how much your monthly payment is for your loan? Using Loan Payment Calculator you can calculate your monthly payment
for mortgage, car or home loans, or any other simple interest loan amortized over a fixed time with fixed monthly payments.
Essentially it can be used to calculate payments for most of the bank loans. Whether you want to finance a house or a car,
Loan Payment Calculator will easily calculate the monthly payment. It also computes a total intrest and total cost of the loan,
which makes loans management and repayment a more predictable and informed process.
Loan Payment Calculator is an extremely easy-to-use program for calculating your mortgage amortization payments and optimizing
your loan amortization schedule. It is an essential tool to help you estimate your loan payments on your home, car or the refinancing.
Just type the loan amount, loan term (it supports a wide range of repayment cycles) and annual interest rate in and the program will
generate a complete loan repayment plan for you.
There could be times when it feels you are paying towards a loan without making any progress towards reducing the liability.
This software works out your repayment plan in order to work out a loan management plan. The loans that you
need to manage are generally on your house, car or a loan taken to refinance an existing loan. These loans can span from varying
time periods and this software takes care of all time spans be it one month or fifty years. The efficiency and reliability of the
tool are least effected by the time period for which it is calculated. You get a fair idea of your loan repayment pattern in order
to manage your finances accordingly. The input required by the program is basic loan information such as principle, interest rate, time span.
Loan Payment Calculator defines great, targeted smallware that fills a need, and is an extremely easy-to-use program for calculating
your mortgage amortization payments and optimizing your loan amortization schedule. Sure, some people could set this up in Microsoft Excel,
but Loan Payment Calculator is simple and fast. It is distributed as an essential tool to help you estimate your loan payments on your home,
car, or for refinancing. Just enter the loan amount, loan term and annual interest rate in and the program will generate a complete loan
repayment plan.
Loan Payment Calculator assumes that the interest rate remains constant throughout the life of the loan.
Some loan have variable interest rates. We suggest you use the current maximum rates to get a ceiling on the interest payments.
It also assumes that the loan will be repaid in equal monthly installments.
The results will not be accurate for some of the alternate repayments, such as additional or larger payments.
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