This version of Loan Repayment Projection is Ads free!
Application functionalities include:
Calculate your monthly or fortnightly or weekly repayment. Day by day analysis of your loan repayment. View how much interest you’ve paid each day over the length of your loan term. View graph and reports. Pay unlimited extra payments or add unlimited future interest rate changes to your calculation.
This calculator is very accurate due to calculating interest rate daily and taking Leap year into account. This is very similar to how banks calculate their clients’ loan repayment.
You can use this calculator for a loan amount starting from $1000 to $10,000,000.
Interest only repayment functionality is available up to 15 years.
You can create a scenario by saving and loading your input data. This functionality helps you keep track of your loan repayment live. You can play around with your scenario by adding more extra payments or add multiple interest rate change and see how fast you can finalize your loan.