Loan Spread Calculator Pro, is a financial calculator that helps users to save money by comparing 135 different loans at once. You can study payment amounts, interest rates, terms of the loans, and amounts borrowed and find the terms that are best for you.
Loan Spread Calculator Pro quickly gives you financial answers on a 2-dimension grid as you enter or change your loan variables. Loan Spread Calculator Pro is an excellent tool for exploring the Time Value of Money and can help you save money before you “sign the dotted line”.
The newest feature, Loan Summaries, offer a quick way to drill into the details of a particular loan scenario. In one place, see all the details of a chosen loan by simply double-clicking on the answer in the answer grid.
The Loan Summary window will appear detailing the Amount Borrowed, the Payment Frequency, the Term, Annual Interest Rate, Payment (P & I), Payment (P, I, T & I), Total Principal Paid, Total Interest Paid, Total Principal and Interest Paid, Total Taxes Paid, Total Insurance Paid, Total Taxes and Insurance, and Total Paid Over the Term (P, I, T & I).
Loan Spread Calculator Pro includes the ability to easily calculate loan scenarios based upon variable payment frequency! Offers Daily 365/year, Daily 360/year, Weekly, Biweekly 26/year, Bimonthly 24/year, Monthly, Quarterly, Biannual, and Annual payment periods.