Free application which can calcul any loan or credit simulation.
You just have to set the total loan amount, interest rate and the term in months or years. The result of the calculator will be instantly displayed on the screen and you will see the monthly payment, total payments and the total interest payment.
Easy to use and free, with a beautiful user interface.
A perfect application if you want to borrow money or buy a house or a car. It will help you to know how much any loan will cost you.
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (the borrower) incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.