Interest Calculator

Interest Calculator was originally designed as to tool to be used by accountants and bookkeepers for easily calculating daily interest. Shortly after its initial release, several additional interest calculation features were added to the program including the ability to calculate payment amounts, length of loans, and savings interest.

With the addition of printable amortization schedules and some enhanced reporting capabilities, it became apparent that the Interest Calculator was more than just a tool for accountants and that the application could be used by virtually anyone to effortlessly obtain useful savings, loan, and interest information on a day to day basis.

If you wondering how to make some simulations for different amount of money, to find the best way which fit on your plans, this is a simple and useful software to make it.

Just install it with a few clicks and after you open it you can enter principal balance, interest rate, number of years and months. Click Calculate and will see payment amount.

It has detailed informations in right side of screen, like total payments paid, total interest paid, total number of payments and more.

In a separate tab can calculate amortization and view daily interests.

This application is useful if you want to make a loan and you must choose between different offers from various banks.