SN-LoanCalc is an easy to use application to determine monthly payments for simple or compound interest loans. Enter the loan amount, loan length and interest rate and get immediate feedback on what your monthly payment would be!
If you are in the banking, real estate or automative industry, you can choose default settings for the Amount, Length and Interest Rate as well as choose Simple Interest vs Compound Interest. By using defaults, you are quickly able to calculate a payment without having to enter all of the data points.
Additionally, SN-LoanCalc gives you the ability to view an amortization schedule for your loan - especially useful for realtors and lenders!