Loan Calculator- Auto Car Calc 4.1

This loan calculator provides a helpful tool to accurately forecast loan repayment expectations. By allowing users to add extra payments, it offers valuable insights into creating an optimized payment plan and schedule.

The calculator supports three different payment methods:

• Equal Payment: Each payment is of equal value.
• Equal Principal: Each payment includes an equal amount of principal, with interest calculated based on the current balance.
• Interest Only: Interest is paid in each payment, with the full loan amount paid in the final installment of the loan schedule.

In addition to the various payment frequencies it supports, this calculator also accommodates different types of extra payments. Its user-friendly interface makes it incredibly easy and straightforward to use. We encourage you to give it a try and share your feedback with us.