LoanCalc 1.4 review

LoanCalc simplifies the complexity of home loan calculations.

License: Demo OS: Mac OS X File size: 718K Developer: Hi-Voltage Buy Now Price: $485.00 Updated: 01 Nov 2005

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LoanCalc simplifies the complexity of home loan calculations. It utilizes formulas used by loan sharks ... oops ... we mean formulas used by the banks.

You don't have to loose a limb to calculate home loans ... you just need LoanCalc.

We developed the plug-in specifically for our HomeLoan Comparison software, and it's the engine that drives it. Experience the power within ... download HomeLoan Comparison to see LoanCalc in action.

Here are some key features of "LoanCalc":
Input variables:
Introductory interest rate
Introductory period (in months)
Standard interest rate
Establishment / startup fees
Monthly fees
Annual fees
Repayment frequency
Principal (borrowing) amount
Repayment amount
Term (maximum life in years)

Returned calculations:
Minimum repayments
Total months (until the load is paid out)
Total interest charged
Total fees charged
Total costs of loan

Amortization table based on the following data:
Opening balance
Repayment amount
Interest charged
Fees charged
Closing balance.

Requirements:
FileMaker Pro.