Loan Calculator Saver is a simple and elegant loan and mortgage calculator. Loan Calculator Saver is different because it compares a normal mortgage against a bi-weekly mortgage, and then identifies savings for you.
The savings can be big. Consider a 25 yr, $250k mortgage with 5% interest. A bi-weekly repayment plan will deliver savings of about $30k and will be paid out in 21.5 yrs.
Loan Calculator Saver is fun to use and has great features like: - Touch Sliders to set loan term and interest rates - A Touch Switch to set the accelerated repayment plans - Side-by-Side comparison report that tells you clearly where the savings are - A detailed repayment schedule for the various repayment options