LoanBender is an advanced calculator for mortgages or loans. It helps you determine how quickly a mortgage or loan can be paid off, even if the additional monthly payments vary.
Most mortgage calculators assume that extra principal payments will be constant. But lenders generally do not care how much extra money is used to pay the principal of each month. Perhaps your available funds will change over time, so your payments may vary. The LoanBender calculator gives you the flexibility of factoring these changes in the monthly amount and shows the effect it will have on the length of the loan instantly!
LoanBender now supports five languages: English, Spanish , French, German and Portuguese. The dollar, peso, pound sterling, and euro currency symbols are also supported.