- Quick specs
- Price: Free
- Operating system: Windows 95, Windows NT, Windows XP, Windows 2000, Windows 98
- Date added: February 16, 2002
- Total Downloads: 49,633
- Downloads last week: 12
- See full specifications
- CNET editors' rating: stars
- Average user rating: stars out of 10 votes
See all user reviews
CNET editors' review
Reviewed by: CNET Staff
This very stripped-down and cost-free loan calculation tool helps users quickly determine interest rate, terms, and payments, but it lacks any sort of advanced features. The program's interface is beyond simple, with input fields for loan amount, annual interest rate, total number of payments, and payments per year. Once you've typed in all four of these variables, Loan Calculator by Schwenk instantly returns the results. The program lacks the ability to save or export information, but it does allow you to print the figures. If you want a quick way to figure monthly payments on amortization loans, this application will suffice, but if you need to do anything else, you'll need to look elsewhere.Publisher's description
From Jagwash :Loan Calculator by Schwenk is easy to use, intuitive, and free. The application calculates loan payments on cars, homes, refinances, or anything else. You tell it how much, how long, and at what rate, and it will figure out the amortized payment. It's great for comparing different rates, and terms for various loans, and useful for both borrowers and lenders. It's fully functional and free, with no annoying pop-ups or ads. A voluntary $3 fee is requested if you find the program useful.
More popular Personal Finance Software downloads
- 3,640 downloads 1. Amortization Schedule for Excel
- 2,464 downloads 2. Debt Reduction Calculator for Excel
- 1,098 downloads 3. Moffsoft FreeCalc
- 811 downloads 4. AceMoney Lite
- 675 downloads 5. Auto Loan Calculator
- See all Personal Finance Software downloads
User reviews
- Average user rating: 3.7 stars out of 10 votes
- My rating: 0 stars Write review
-
Showing 5 of 7 user reviewsSee all 7 user reviews
This software version | All versions -
Version: Loan Calculator by Schwenk 2002.0.1
"All basic functions, simple to use"
Pros: Performs all handy amortization functions for simple personal finance. Good interface. Easty to run and install.
Cons: Does not have option to automatically figure out number of monthly payments from number of years in loan term.
-
Version: Loan Calculator by Schwenk 2002.0.1
"Need a calulator to work this one..."
-
Version: Loan Calculator by Schwenk 2002.0.1
Summary: Hoped for more than just basic features. Wanted to be able to use different variables in the calculator. (i.e. How much can I afford if payment is "x" dollars)?
-
Version: Loan Calculator by Schwenk 2002.0.1
"This was what I needed in a pinch"
-
Version: Loan Calculator by Schwenk 2002.0.1
- See all 7 user reviews Write review
Submit your review
- See more CNET content tagged:
- amortization,
- interest rate,
- payment
