Glocal

The program calculates loans as well as mortgages on the base of the Annual Percentage Rate (APR). The Effective Annual Rate (EAR) is shown. The user can choose the number of payments per year and one of four targets for calculations (payment, amount, interest rate, number of payments). A complete listing of payments, interests, principals and balance is established on numbered file and is shown on the screen.

What is new in this release:

Version 1.1.3: New users interface; 3 types of loan: normal, balloon, lease.