Loan and Deposit calculator
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With this loan calculator you can calculate two types of loan payments – Standart(Annuity) and Differential payment. Moreover you can see payment table on differential payment.
Distinctive feature of this loan calculator is ability to calculate the effective interest rate. The effective interest rate - a rate that takes into account not only the interest on the loan, but also hidden commissions used by the Bank. You’ll be able to see what is the real value of 0% credit, so widely advertised by banks.
With the help of deposit calculator, you can calculate the interest on deposits and yield on the basis of 3 standard Compound interest options:
- No capitalization;
- Capitalization of a once a month;
- Capitalization of a once a year.
Tags: effective interest 1.3.
Recently changed in this version:
- New application icon
- fixed some bugs
- Added support for Ukrainian language
- Deposit calculation
- Effective interest rate calculation