Spano Advisory Services, Inc.

Loans / Amortization
This loan/savings calculator has the ability to create schedules and make adjustments to them. Specifically, it allows you to:
  • calculate the Initial Principal, Length, Interest Rate, Payment, and Future Value (savings only) for a variety of payment and compounding frequencies
  • create amortization and savings schedules
  • instantly change the starting date of schedules
  • instantly add extra payments at arbitrary intervals to schedules and see how much time and money was saved
  • instantly add withdrawals at arbitrary intervals to savings schedules only and see how much money was lost
  • instantly change the interest of schedules at any time and see how much money was saved or lost
  • instantly remove any of the extra payments, withdrawals, and interest changes