Daily Interest Calculator Tool
I wrote an Interest Calculation Tool (Windows 8/10 only) to assist a user to calculate Loans and the various other things needs at times when dealing with loans. This uses standard United States financial calculations. Some parts of the tool are still in progress.
DISCLAIMER: Absolutely No Warranty is given on this software as to the merchantability or fitness for a particular purpose. This is not a certified program, it is used for estimates only, and the calculations may not be used to create legally binding contracts.
My goal is to move the code to a Website and a PWA App, and an Android App.
If you would like to use a 30 Day Trial Version of the software, go to : http://bettencourtt.com/dailyint/publish.htm and install it from there.
Screenshots and Explanations:
Loan Comparison. This screen shows the differences between two loans.
Calculate the Rule of 78’s Rebate of Finance Charges on a Precomputed Loan, with Optional Florida Acquisition Fee.
Lease Calculations screen. This is for typical Automotive Leases.
Special Target Payment feature allows the user to enter a fixed payment amount, and choose to adjust the Money Factor, Residual, or Lease Price to arrive at that exact payment.
Given a Lease and a Loan calculation or roughly the same parameters, shows the differences between the two options.
I have not yet decided on a selling price. Sometime in the first quarter of 2021, I will put that information out there.