Loan Calculator 2.2.1

Loan Calculator 2.2.1 is a program to calculate the periodic loan payment given the loan amount, the interest rate, the length of the loan, and the payment frequency. Alternatively, the program will compute the loan amount, the interest rate, or the length of the loan given the other loan variables. The latter computations can be helpful in determining just how much, or under what loan terms you can afford to borrow.

Loan Calculator can also display a complete payment schedule that shows how much of each payment goes to interest and how much goes to principal. Cumulative amounts are also displayed in the schedule along with the running loan balance. The payment schedule as well as the summary loan calculation can be printed or saved to a text file for later examination and analysis, including direct import into spreadsheet applications such as Excel.