Especially in the case of construction finance or other long-term loans, the borrower without an amortization plan rarely has an overview of the future installment to be paid or the future development of the remaining debt.
With this app you get an overview:
• You receive a detailed interest and repayment plan and gain complete transparency
• The interest and repayment plan is shown in a table, but also graphically
• Include current interest rates in your calculation
Which entries are necessary? Only the loan amount, debit interest and the repayment (in percent or in euros) or alternatively the desired loan term must be specified. Finished! The mortgage calculator does the rest for you.
The possibilities provide further flexibility
• compare current interest rates from different providers,
• to consider special repayments,
• change the repayment during the term,
• adjust the payment method (e.g. 3-monthly payment for KfW loans), or
• adjust the interest calculation method.
Further functions are being developed successively and made available free of charge via updates.