Open source simulator of loans.
Loans depend on 3 data : the amount to borrow, the bank rate, the duration. But sometimes, you want to compute one of these data, knowing 2 of them only, plus the monthly payment.
That's exactly what JbiLoan is made for!
Moreover, this tool allows you to compute the full simulation of the loan, including the insurance rate and the bank expenses.
And finally, it displays the real/effective rate and compares the loans together, so that you know exactly which one is really the cheapest!
Features
- Compute the monthly payment (instalment) of a loan, given its rate, amount and duration.
- Find the rate of a loan, given its amount, duration and instalment.
- Find the maximum amount you can borrow for a given set of (rate, duration and instalment).
- Find the number of mensualities you have to pay for a given amount, rate and instalment.
- Compute the effective rate, depending on the loan, including the insurance rate and the bank expenses.
- Compare two loans together
- Save a simulation to Excel compatible format
- Available in french and english
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