Loan Simulator is a simple and powerful application for simulating loan scenarios, from auto loans to home mortgages.
To simulate an adjustable-rate loan, set the initial interest rate and the full loan term. To change the interest rate for a period of time, select all of the payment rows for that period of time and double-click on the rate column for any of the rows. Set the new interest rate and it will be applied to all of the payment rows. The required payment for that period of time will be re-calculated.
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