Free loan software?

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PB
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Joined: Fri Apr 25, 2003 5:24 pm

Free loan software?

Post by PB »

Can anyone recommend a good loan program that will let me enter the initial
loan amount, interest rate, payment frequency, etc, but will also let me add in
additional payments and change of interest rates; such that it will recalculate
on the fly and show when the loan will be paid off? It should also show which
days payments are due and so on, as a list with dates. (I'll probably have to
write one, though). :)

Edit: Also, the interest is added to the current amount owing at the end of
every calendar month.
I compile using 5.31 (x86) on Win 7 Ultimate (64-bit).
"PureBasic won't be object oriented, period" - Fred.
Derek
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Post by Derek »

http://www.pine-grove.com/Loan%20Calcul ... /index.htm

Haven't tried it but it looks like it might suit your needs.
mskuma
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Post by mskuma »

Maybe this code from netmaestro is a starting point
http://www.purebasic.fr/english/viewtopic.php?t=21391
PB
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Joined: Fri Apr 25, 2003 5:24 pm

Post by PB »

I did see netmaestro's code but I can't understand financial stuff, which is why
I was hoping to get a good app instead so I wouldn't have to think. :) The app
that Derek pointed out looks okay, I'll have to see if it suits my needs.

As an example of my problem, I have a loan where the balance jumped from
$11894.31 by $101.70 to $11996.01, and the interest rate is 9.95%, so I was
wondering how the $101.70 got calculated to get that new balance?
I compile using 5.31 (x86) on Win 7 Ultimate (64-bit).
"PureBasic won't be object oriented, period" - Fred.
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