Loan Calc is an easy-to-use tool intended to calculate loans and mortgages repayments in a very simple way.
Loan Calc calculates repayments amount, monthly and total interest, total repayments and generates a full repayment list from a start date. Loan Calc is currency-independent so it can be used with any currency. Just use a dot or a comma for decimals depending on your system settings.
Loan Calc lets you select both period and interest compounding from continuous (compounding only), weekly, biweekly, monthly, quarterly, semiannually and annually. Furthermore Loan Calc allows you to save all the repayment list to a text file or an Excel sheet.
Current Loan Calc version is 2.7.7. Loan Calc has been reviewed positively 895 times getting a rating of 4.5 out of 5 stars!
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Detects and use your language if available.
Calculates loan repayments according to amount, rate, duration.
Support for interest compounding.
Generates full payment list from a start date.
Exports repayment lists to text files or Excel sheets.
Currency independent – Easy-to-use interface.
Native versions for Mac OS and Windows.
A new ‘Help > What’s new’ menu let’s the user read the version history from newer to older. The application no longer depends on any Carbon libraries on Mac OS X, Cocoa only.
The application now comes with the App Nap feature disabled on Mac OS 10.9 (Maverick). Fix: Maverick (10.9) small fixes.
Fix: It is now easier to modify fields by mouse selection. Fix: Saved files are now independent from the language and the number format used. Fix: The Repayment field is now formatted properly. Fix: When resetting the loan amount is now focused. Fix: When pressing the ‘,’ key the right decimal separator is always entered. Fix: It is now possible to enter amounts like ‘.xx’ with no heading 0. Fix: It is no longer possible to enter several decimal separator for the same amount. Fix: Several Mountain Lion fixes.
PowerPC support has been dropped. The application is now Intel Only. As result the application size has been reduced by half. Fix: A new window is now opened when double-clicking on the application Finder icon or clicking on the Dock icon (Mac Only).