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On the link below is a Loan Instalment Calculator.
This is a facility for you to use as a tool to indicate the effect of varying the terms of your existing, or proposed, loan facilities.
You may choose to vary the:
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loan amount |
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frequency of payments |
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term of the loan (commencement date and/or final payment date) and/or |
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interest rates. | There is also the ability to schedule special repayment amounts over the term of the loan to demonstrate the impact this would have on the instalment amounts, the amount of interest paid over the term of the loan and also the actual term of the loan.
http://www.ruralfinance.com.au/pages/InstalCalc.html
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