Loans are a big part of the lives of most people now, simply because a well thought out and well executed loan can bring you something big in your life well before you would have been able to get it otherwise. Mortgages, home equity loans, lines of credit and a number of other loans are taken out every day by people from different walks of life all hoping to be able to use the loan in order to help better their lives. Calculators are helpful when it comes to using loans and therefore it is important for people interested in loans to have software to help them along.

That is where the Loan*Calculator! Plus 2.6 comes in.  It is a piece of software containing seven different types of loan calculators. It includes a calculator for simple interest (only applied once a year) and compounded interest (calculated and applied multiple times each year). It also has calculators to help you calculate the factors of your loan as well as a calculator to help you figure out what your exact remaining balance is. In addition to that, it has a feature that can calculate your amortization schedule as well as an advisor function that can help you with potential refinances. In addition to that, it also has accelerated payment and balloon payment calculators.

It’s completely free to download and more information is available at http://www.pine-grove.com/Loan%20Calculator%20Plus/

This entry was posted on Friday, September 7th, 2007 at 8:15 am and is filed under Browsers, Developer, Finance, Freeware, Main, Social Software, Windows. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.