LoanCalculator is an easy-to-use software that calculates interest and payments for a theoretical loan.
The software is designed to make loan calculations hassle-free and straightforward. With the ability to generate an amortization table, users can quickly view how much of their payments are applied to interest and principal. This aids in the creation of a repayment strategy and ensures that users stay on top of their loan repayment schedule.
Further, the software is designed to work seamlessly with Microsoft Excel. It allows users to copy amortization calculations to the pasteboard in a format that is compatible with Excel, thereby making it easy to transfer data across different platforms.
In its latest version, LoanCalculator has added a new feature that lets users copy the entire amortization schedule to the pasteboard in a tab-separated values format that is compatible with pasting into Excel. This feature further enhances the software's versatility and ease of use.
Overall, if you're looking for a straightforward and easy-to-use tool to calculate loan payments and interest, LoanCalculator is an excellent choice. Its amortization table and compatibility with Microsoft Excel make it a reliable tool for anyone looking to manage their loan repayments effectively.
Version 0.8.4: N/A