This free app allows you to better plan and preview the monthly payments on your loan/mortgage.
Use this calculator to determine the monthly payments for any fixed-rate loan.
CreditPlan also allows you to calculate an amortization schedule: how much interest and how much principal will you be paying each month.
Make informed decisions: notice how much more interest you pay in the beginning than at the end of the loan.
The amortization schedule generates a graph that shows the interest share into the whole loan re-payment. The longer the loan duration the higher the total interest amount.