Best freeware loan calculator

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.

The face, or par value of a bond, is the amount paid by the issuer borrower when the bond matures, assuming the borrower doesn't default. Face value denotes the amount received at maturity. Two common bond types are coupon and zero-coupon bonds. With coupon bonds, lenders base coupon interest payments on a percentage of the face value.

Coupon interest payments occur at predetermined intervals, usually annually or semi-annually. 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.

Free YouTube Downloader. IObit Uninstaller. Internet Download Manager. Advanced SystemCare Free. VLC Media Player. MacX YouTube Downloader. Microsoft Office YTD Video Downloader. Adobe Photoshop CC. VirtualDJ Avast Free Security. WhatsApp Messenger. Developed by Two Square Systems. Approximate size Age rating For all ages. Category Personal finance. This app can Access your Internet connection Microsoft. Permissions info. Installation Get this app while signed in to your Microsoft account and install on up to ten Windows 10 devices.

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Our team will review it and, if necessary, take action. For your convenience, we publish local Los Angeles mortgage rates below to help you see currently available rates.

Simply fill in whatever data you know, and then click the find button next to the last open field. This makes the calculator flexible, fitting many different needs.

While this calculator is quite flexible, if multiple fields are left blank when you click the find button the calculator will produce an error that will need cleared before the calculator will work again.

Click the clear button and enter new loan details and it should work like a charm. Since its founding in , our website has been recognized by 10,'s of other websites.