If you are looking for some good online amortization loan calculators, then my list of “top 5 free online loan amortization calculators” will surely satisfy you. All 5 calculators are free and most accurate among the industry, so you will be able to calculate the loan amount, interest rate, principal paid and other values with high accuracy rate. Here is the list of my chosen 5 online loan amortization calculators.
Top 5 Free Online Loan Amortization Calculators
Calculator.net’s mortgage calculator is one of the best online free loan amortization calculators which is the most useful online mortgage loan calculator for UK users. The calculator calculates the loan stats and displays the results in Pound Sterling. When you enter the loan details including loan amount, loan term, interest rate, property taxes, PMI insurance and schedule and hit “Calculate” button, the calculator displays a graphical representation of results in addition to a summary and annual amortization schedule.
EasyCalculation’s mortgage amortization loan calculator is yet another easy-to-use and free online calculator which calculates the loan stats with high accuracy rate. The calculator helps you in calculating the amortization schedule and rates for any specific period. Results are displayed in a single small chart.
3# Yona’s Loan Amortization Calculator
It is a simple online free calculator where you need to just enter principal amount, interest, number of payments and specify compounding schedule. After providing the details, just hit “Amortize” button and a table will be generated instantly with all needed information. You can find Yona’s loan calculator at http://yona.com/loan/lc.cgi
4# BretWhissel’s Online Calculator
BretWhissel.net has also a cool online calculator for calculating loan amortization which is highly accurate and easy-to-use. You need to enter principal amount, payments per year, annual interest rate, number of regular payments, balloon payment and payment amount for calculating the desired stats. The calculator has an optional feature which lets you know about the amortization schedule too.
WebMath’s amortization loan schedule calculator is my last recommendation which is highly accurate and helps you calculate the schedule period and installments for loans with high accuracy rate. You need to provide information about the loan amount, duration of the loan, number of payments per year and annual interest rate to calculate the desired stats.
So this was the list of my chosen top 5 free online loan amortization calculators which will help you calculate different stats including amortization schedule and much for your loans. I hope you will find all the 5 calculators highly accurate and simple.