This simple Loan calculator is an efficient, one-page tool for managing loans. This template helps to calculate the interest that should be received from a borrower and allows you to see the total remaining loan balance due on a given day. This template makes the fundamental calculations for loans of up to a maximum of 1 year.
To use the model, input the loan sum, start date and interested rate, as well as received payments. The calculator will deduce the amount of accrued interest on a loan, as well as total the remaining loan amount.
Let us do the work for you!
Feel free to contact our team in case you need support with budgeting your company. Our team provides financial modeling services to companies around the world. Actually, this is our core business. We have a lot of experience with creating budgets for service companies and know the specifics of the business.
