Pro Loan

Pro Loan is a sophisticated tool to help you evaluate whether or not a loan is a good deal. No need to trust the banker or car dealer, trust yourself and compare loan options using Pro Loan. Other loan calculators trap you in one monthly payment calculation for one loan. How does that help you evaluate the options or look at the calculation from different angles? Short answer: it doesnt! Pro Loan does! Its Edit page solves for monthly payment, loan amount, interest rate, etc... You highlight the item you want and it automatically solves.

Pro Loan names and saves your loans for future use. Pro Loan explains every item entered to you in plain English to help you understand loans.

Pro Loans Compare page shows you which of two loans is a better deal. It compares the cumulative interest and principal at any year you select during the loan term. Want to know if a 15 year loan at 5.75% is better than a 30 year loan at 6.125% if you pay off the loan after 8 years... Pro Loan compares the two for you and gives you the answer!

Pro Loans amortization table shows the interest and principal on every monthly payment and sums it up to a month you select. This is very useful for calculating the amount of yearly mortgage interest that is deductible off your income taxes.

Pro Loan has a slick user interface that is designed to help you understand loans and get the best deal. Try it out and you will see how powerful it is!