Free download loan calculator

This is an accessible template. Address books. All holidays. Animation and 3D. Back to school. Bids and quotes. Use this calculator for basic calculations of common loan types such as mortgages , auto loans , student loans , or personal loans , or click the links for more detail on each.

Many consumer loans fall into this category of loans that have regular payments that are amortized uniformly over their lifetime. Routine payments are made on principal and interest until the loan reaches maturity is entirely paid off.

Some of the most familiar amortized loans include mortgages, car loans, student loans, and personal loans. The word "loan" will probably refer to this type in everyday conversation, not the type in the second or third calculation.

Below are links to calculators related to loans that fall under this category, which can provide more information or allow specific calculations involving each type of loan. Instead of using this Loan Calculator, it may be more useful to use any of the following for each specific need:. Many commercial loans or short-term loans are in this category. Unlike the first calculation, which is amortized with payments spread uniformly over their lifetimes, these loans have a single, large lump sum due at maturity.

Some loans, such as balloon loans, can also have smaller routine payments during their lifetimes, but this calculation only works for loans with a single payment of all principal and interest due at maturity. This kind of loan is rarely made except in the form of bonds. Technically, bonds operate differently from more conventional loans in that borrowers make a predetermined payment at maturity.

Determine how quickly you can pay off your loans by making additional monthly payments. Know the borrowing cost. Compare up to three possible calculations and plan for the future. Up to three amortization tables with complete amortization schedules. Additional information Published by Two Square Systems. Published by Two Square Systems.

Developed by Two Square Systems. Approximate size Age rating For all ages. Category Personal finance. Last update 22 Jul. Users rating: 20 ratings Editor's rating: Read the editor's review. Free Loan Calculator Editor's Review Free Loan Calculator is a simple, but extremely useful, tool designed for calculating the payments in case you intend to borrow different amounts of money.

The program is very easy to use and very fast. All you need to do is enter the amount of money you have to return, choose your payment frequency and number of payments and the annual interest rate.

The payment frequency can be set at a time interval of your choice, from annual payments to daily payments. The program will instantly calculate the amount of every payment, the total interest paid, and the total amount paid. The program includes link to some Web resources, which might prove to be useful in terms of advice in case you are interested in borrowing money. Date Added June 27, Version 1. Operating Systems. Additional Requirements None. Total Downloads 68, Downloads Last Week Report Software.

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