Loan Mortgage Calculator - All New Ad-hoc Scenarios
Using the compounded interest formula, where the interest is calculated on the monthly balance of the loan, the loan mortgage calculator performs multiple queries based on your loan, loan term, interest rate and repayment options.
Multiple Scenarios option:
Based on three different scenarios on a static loan amount, this option allows you to view these scenarios based on varying interest rates and repayment options.
Multiple Plan option:
Based on the Multiple Scenarios option, this function allows you to have Plan A, Plan B, and Plan C. Each plan may have a different loan amount or you can choose to have the same repayments, loan term and interest rate, or vary all of these functions to provide you with 9 different scenarios.

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