Loan Payment Calculator

I tried several loan payment calculators, then I came across this one. This is an excellent program. It is very easy to understand and user friendly. This program allows you to enter a current or planned loan amount, interest rate, duration of the loan (i.e. 10, 15 20 30 yr loans) and up to 3 options for additional payments at a time including a start date for side by side comparisons. We used this program to compare the cost of refinancing our home, making extra payments or purchasing a new home and saved over twenty four thousand dollars in interest. This is a great app and I would recommend it to anyone considering or actively planning to take out any type of loan.

I've just installed, tested, and uninstalled 4 loan calculator programs; all rated higher than this one and can't understand who rated them that high. I have to assume it was the developers. Besides actually working (some didn't) this calculator allows you to key-in values (how do you slide bar conveniently to $43,275 @ 3.875%), allows you to compare up to three options side-by-side and provides payment tables.

Great app but if I could save it or download the information it would be so much better.

I like the ability to add a second start date. It would be nice to be able to set the number of payments per year. Just a little big for the screen, but scroll bars help. Print Screen does cut off a little