Developer: Applied Computer Technology

Current Version: 2.4

Last Updated: 6 months ago

Download Size: 1.1 MB - Download


Calculates total interest, payments and ending balance for fixed interest rate loans. You can also solve for LOAN AMOUNT, MONTHLY PAYMENT, INTEREST RATE, or # OF MONTHS to complete a loan. With a payment of zero you can calculate interest on deposited funds over time. Export to Excel with a formula driven schedule that you can add arbitrary additional payments each month and see the results. Spreadsheets in xlsx format have been tested with the following programs: Excel, Numbers, and OpenOffice Calc. Quickly enter amounts like 150,000.00 with 150K or 360 months with 30Y.


Release Notes:

Correct display bug for 10.13 and before.


Most Helpful Reviews

Version 1.0
Review by KTooooM

Great little App, does what it says. - I was able to do several scenarios of a potential refinance of my home, using Numbers on my MacBook Pro. Essentially it enabled me to build a spreadsheet without a bunch of formatting, and for that i'm impressed. It's quick and easy, as well as versatile. It's certainly worth the LOW cost. DB Cooper, from below ground

Found helpful by 4 out of 4 people
Version 1.4
Review by DrDivina

5 variables of time value money; only 4 used - The time value of money needs 5 variables; this calculator allows the use of 4, and misses the future value needed to calculate interest only or baloon notes. Without it, it doesn't help me much because most mortgages I work with need a baloon calculation. I'll revise this review if an update occurs which includes future value.

Found helpful by 7 out of 12 people