The free multiple loan calculator helps you decide the best way to pay off up to 7 loans (including credit cards). It can estimate your savings on interests across different scenarios: (1) pay off loans faster without refinancing; (2) refinance your loans; (3) make extra one-off payments and/or regular payments on selected loans.
The free multiple loan calculator also provides loan amortisation schedules (monthly, fortnightly, or weekly - depending on the loan repayment frequency) on the all the loads you have.
Please note: This calculator works with loans where you pay off all the debt within a set period of time by making regular payments. The calculator is designed to work only for loans of 30 years or less. The calculator won't work for "interest-only" loans.
Here is a screen shot that will give you a better idea that what you need to do and how this free Multiple Loan Calculator can help you.
This calculator is built in Microsoft Excel worksheet. You need to have Microsoft Excel 2007 & above and Microsoft Windows to use it. You may be able to use the calculator with other applications that can open and read XLS spreadsheets, but this has not been tested.
Licence Type | Cost |
---|---|
Personal Use | $0 (Free) |
Commercial Use | $59 (Click the Buy Now button below to purchase a Commercial Use Licence) |
If you need us to customize this Excel calculator, please contact us and we will work out a plan based on your budget.
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