Commercial Loan Calculator
Free AppAbout Commercial Loan Calculator
Advanced commercial loan calculator.
Features:
Full version and free
Solve for principal, payment, rate or period
Amortization schedules
Monthly, quarterly, semi-annual, and annual compounding
Constant Payment, Constant Amortization, Interest Only
Calculation type: 360/360, 365/360, 365/365
Calculate balloon payments
Note: The interest calculation type can only be set for preparing the amortization schedule. It will not calculate the payment, rate, etc. if set to a 365/360. Why not? Because it is a complicated calculation that is dependent on the date that the loan is funded. For example, a Bank Rate method loan (365 / 360) that compounds and has a monthly payment could have 12 different answers depending on which month the loan started. Then, how the loan term relates to leap year will increase it to 48 different anwswers. Then, how many times the loan wraps around a leap year will add yet more answers. Since this is not done in practice, the calculator does not make those calculations. Please don't complain and rate the calculator low because it doesn't make a very difficult and impractical calculation. Thanks.
Features:
Full version and free
Solve for principal, payment, rate or period
Amortization schedules
Monthly, quarterly, semi-annual, and annual compounding
Constant Payment, Constant Amortization, Interest Only
Calculation type: 360/360, 365/360, 365/365
Calculate balloon payments
Note: The interest calculation type can only be set for preparing the amortization schedule. It will not calculate the payment, rate, etc. if set to a 365/360. Why not? Because it is a complicated calculation that is dependent on the date that the loan is funded. For example, a Bank Rate method loan (365 / 360) that compounds and has a monthly payment could have 12 different answers depending on which month the loan started. Then, how the loan term relates to leap year will increase it to 48 different anwswers. Then, how many times the loan wraps around a leap year will add yet more answers. Since this is not done in practice, the calculator does not make those calculations. Please don't complain and rate the calculator low because it doesn't make a very difficult and impractical calculation. Thanks.
All Application Badges
Free
downl.
downl.
Android
2.2+
2.2+
Android app
App History & Updates
What's Changed
Features:
Graphically detail the annual paydown of princpal for your loan scenarios. Also, graphically detail the annual principal and interest splits of the payments of your loan scenarios.
Features:
Graphically detail the annual paydown of princpal for your loan scenarios. Also, graphically detail the annual principal and interest splits of the payments of your loan scenarios.
More downloads Commercial Loan Calculator reached 10 000 - 50 000 downloads
More downloads Commercial Loan Calculator reached 10 000 - 50 000 downloads
Version update Commercial Loan Calculator was updated to version 2.4
More downloads Commercial Loan Calculator reached 5 000 - 10 000 downloads
What are users saying about Commercial Loan Calculator
T
by T####:
by T####:
Simply super calculator
O
by O####:
by O####:
Very good
Q
by Q####:
by Q####:
Does it just right and easy to use
I
by I####:
by I####:
Using it most of the time
F
by F####:
by F####:
Best
V
by V####:
by V####:
perfect if start day can be set
H
by H####:
by H####:
Love it
U
by U####:
by U####:
Great app
E
by E####:
by E####:
This application does not calculate commercial loans properly. I have entered in the same principal amount, rate and period. I have done this for all 3 interest type calculation 360/365, 365/365 & 365/360 and the payment amount for all 3 come up the same. From what I see this application is just calculating a simple interest loan
B
by B####:
by B####:
Give fixed inttrst rate, and any 2 other variable to find third variable....! was finding a calc capable of doin this... but only this calc could accomplish it... else remaining all demanded no of months/years(term)... loved it...! Thanks a lottttttttttttzzzz
P
by P####:
by P####:
Superb app
E
by E####:
by E####:
Good
Y
by Y####:
by Y####:
Been making commercial loans for 23 years... This app is complete and simple to use for term loans. Allows mortgage-style or straight-line amortization. Allows 365/360 interest accrual along with standard 360/360 and 365/365 interest calculations.
O
by O####:
by O####:
Disappointed the monthly payment stayed the same despite a change from 365/365 to 365/360. It caused the loan to balloon instead.
Y
by Y####:
by Y####:
Incedible! Most advanced i have used, even on the web.
Y
by Y####:
by Y####:
Very well done! Cant believe it is free.
Y
by Y####:
by Y####:
Keep looking Better ones out there.
Y
by Y####:
by Y####:
Incredible!! My job just became less complicated.
A
by A####:
by A####:
Great application. Thank you!
J
by J####:
by J####:
Wow. This is a great product. Very innovative!
C
by C####:
by C####:
Good
Y
by Y####:
by Y####:
Is an excellent app
C
by C####:
by C####:
This application does not calculate commercial loans properly. I have entered in the same principal amount, rate and period. I have done this for all 3 interest type calculation 360/365, 365/365 & 365/360 and the payment amount for all 3 come up the same. From what I see this application is just calculating a simple interest loan
M
by M####:
by M####:
Give fixed inttrst rate, and any 2 other variable to find third variable....! was finding a calc capable of doin this... but only this calc could accomplish it... else remaining all demanded no of months/years(term)... loved it...! Thanks a lottttttttttttzzzz
X
by X####:
by X####:
Superb app
C
by C####:
by C####:
Good
X
by X####:
by X####:
Been making commercial loans for 23 years... This app is complete and simple to use for term loans. Allows mortgage-style or straight-line amortization. Allows 365/360 interest accrual along with standard 360/360 and 365/365 interest calculations.
K
by K####:
by K####:
Disappointed the monthly payment stayed the same despite a change from 365/365 to 365/360. It caused the loan to balloon instead.
X
by X####:
by X####:
Incedible! Most advanced i have used, even on the web.
X
by X####:
by X####:
Very well done! Cant believe it is free.
X
by X####:
by X####:
Keep looking Better ones out there.
X
by X####:
by X####:
Incredible!! My job just became less complicated.
Z
by Z####:
by Z####:
Great application. Thank you!
R
by R####:
by R####:
Wow. This is a great product. Very innovative!
F
by F####:
by F####:
Good
X
by X####:
by X####:
Is an excellent app
by O####:
Very good