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Six Functions of a $1 vs Loantune Loan Calculator Usage & Stats
Six Functions of a $1 is a suite of financial calculations commonly used in finance, economics, investment analysis, and valuation. These functions are especially useful to students learning about time value of money concepts.
Key input variables are amount, annual interest rate, and term or length of time.
The term and the frequency of compounding or discounting can be set to monthly, quarterly, or annual intervals.
Once a computation has been performed for a particular term, you can access a "periodic table" that displays the calculated results for all periods up to the term so you can see how the results will vary over time.
Changes made to the variables for each function are saved for subsequent use, thereby simplifying the task of making changes to some variables while retaining others. This helps with repetitive computations where you are examining the consequence of changing one variable at a time.
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Loan and Mortgage Calculator. Save money and cut time off your loans by trying out different "What If" scenarios. Easily view the benefits of making extra principal payments per month and year on your fixed-rate loans.
Features
• Reduce debt
• Save money
• Cut time
• "What If" scenarios
• Chart your savings
• Balloon
Intuitive User Interface
Quickly enter "What If" scenarios to calculate money saved on interest and years/months cut from your fixed loans.
Chart
Chart summary of the benefits of making additional monthly/yearly principal payments versus current status.
Amortization Schedule
View the amortization schedule to see benefits for each month.
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- Free
- Finance
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Six Functions of a $1 VS.
Loantune Loan Calculator
December 15, 2024