![]() You need to have Microsoft Excel 2007 & above and Microsoft Windows to use it. This calculator is built in Microsoft Excel worksheet. Here is a screen shot that will give you a better idea that what you need to do and how this free Multiple Loan Calculator can help you. The calculator won't work for "interest-only" loans. The calculator is designed to work only for loans of 30 years or less. ![]() Please note: This calculator works with loans where you pay off all the debt within a set period of time by making regular payments. The free multiple loan calculator also provides loan amortisation schedules (monthly, fortnightly, or weekly - depending on the loan repayment frequency) on the all the loads you have. It can estimate your savings on interests across different scenarios: (1) pay off loans faster without refinancing (2) refinance your loans (3) make extra one-off payments and/or regular payments on selected loans. The free multiple loan calculator helps you decide the best way to pay off up to 7 loans (including credit cards). ![]()
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