Loan*Calculator Plus

By Pine Grove Software Free Editors' Rating

Screenshots

Editors' Review

Download.com Staff Oct 3, 2010

Pine Grove's Loan*Calculator Plus is a free collection of nine easy-to-use financial calculators for loans and debt, focused on personal finance: Loan Calculator; Compound and Simple Interest and Calendar Math; Accelerated Extra Payments; Cash-Down Automobile Loans; Balloon Payments; Mortgages; Remaining Balance; Refinance; and Basic Amortization. In other words, exactly the sort of finances most people deal with on a daily basis: cars, homes, and small businesses.

Loan*Calculator Plus opens with a simple dialog that serves as a central control for its various tools, with prominent buttons for the nine calculators plus two extras, a Cash Flow/Scheduling tool for Amortization and Refinance Advisers tool. The file menu bar offers some interesting options, such as the ability to choose skins, plus an unusually well-stocked Help menu. We started with the Automobile Loan calculator, a tabbed dialog with entry fields labeled with price of car, number of payments, and so on. We entered the data for our proposed loan, clicked Calc, and the calculator displayed Total Interest, Total Principle & Interest, and Down Payment Percent. Buttons along the bottom let you quickly Print, Copy, Reset, or Undo results. The Options tab configures local defaults such as annual rate and compounding period. The other calculators are all quite similar in appearance and function, just oriented toward a different task. The Amortization tool resembles the other calculators but provides a welcome extra capability for small-business owners. We found the Refinance Adviser more interesting; it helps you evaluate and compare the cost of leasing versus buying when financing or refinancing an asset. It's a bit more complex than the other tools, with a series of questions you answer to help the tool calculate your lowest costs.

Loan*Calculator Plus collects the financial tools most people need the most in one easy-to-access interface. Add to that the fact that it's free, and it's easy to recommend it to all users.

Full Specifications

What's new in version 3.0d

Version 3.0d may include unspecified updates, enhancements, or bug fixes.

General

Release August 3, 2012
Date Added August 3, 2012
Version 3.0d

Operating Systems

Operating Systems Windows 2000, Windows Vista, Windows 98, Windows Me, Windows, Windows NT, Windows 7, Windows XP
Additional Requirements None

Popularity

Total Downloads 13,664
Downloads Last Week 4
Report Software

Related Software

Moffsoft FreeCalc

Free
Moffsoft FreeCalc

Savings Bond Wizard

Free
Savings Bond Wizard

HomeBank

Free
HomeBank

Bank of America for Windows 10

Free
Bank of America for Windows 10

Best VPN Services for 2020

Best for privacy

3 months free with 1-year plan

Best for customer support

$39.99 for the first 12 months

Best for zero logs

$4.87.99/months for a 1-year plan

Best money-back guarantee

$2.99/months for a 3-year plan

User Reviews

2.5/5
2 User Votes
5 Star
4 Star
3 Star
2 Star
1 Star

Developer's Description

Loan*Calculator Plus is a collection of nine financial calculators related to loans and debt. Loan calculator, accelerated extra payments, balloon payments, amortization schedule and exact date compound, and simple interest calculator. Plus loan calculators that deduct percent and amount down payments to arrive at loan amounts. It supports normal loans, Rule-of-78's, Canadian type loans, points, ten payment frequencies, 12 compounding frequencies, and separate origination date and first payment dates.