Editor's review
This tool lets you calculate loan amortization quite easily.
Ezy Loan Calculator is a very user friendly and inexpensive loan amortization Software. When doing the amortization, this tool offers you three different loan amortization columns. It also supports the requirements of different countries, currencies and compounding methods. It is possible to insert new payments into the history payments table. It supports daily, weekly, monthly, quarterly, semi-annual and annual compounding. Begin of a period and end of period payments are supported. You would be able to directly compare the repayment table. The repayment table lets you take a look at loan amount & interest. You could assess things graphically. The charts you can generate include pie, bar, line and area charts. You could easily preview the data and get it printed. It is possible to save and retrieve data easily.
When calculating, you could leave any one of the four fields, loan amount, period, interest rate or payment blank, for the tool to calculate it. So if you wanted to find out what loan amount you could afford or what is a good repayment period and all other such situations, this tool can do that. Data can be exported from the package in HTML or CSV format. The interface is quite simple and intuitive. No one should need any specific training or significant familiarity time to start using the tool. The columns being color coded is a big help. The various charts you can create are also in color and conveys the required information quite well.
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