Loan Payoff Calculator

Loan Payoff Calculator is a simple application you can use to make some quick financial calculations. If you're thinking about taking out a loan, you can consult this tool to get a general idea about how much money you would have to pay with the minimum amount of monthly installments and how much you would save by paying extra.

It's specially designed for desktops, tablets, notebooks and laptops running Windows 8, 8.1. and 10, including touch-supported devices. Also, the tool is signed by Microsoft, so you can download and install it from the Windows Store with little effort.

Wrapped in a Modern UI, Loan Payoff Calculator has a dark theme and shows all options in plain sight, so you don't have to open menus to find more settings.

There are three main parts: inputting loan information, viewing the total interest paid and savings, and viewing the payoff illustrator in a chart that gives you a visual rundown.

In the first column, you can enter the principle balance and interest rate, along with the minimum and extra payment, then click the Calculate button.

Information is displayed in the second column, where you can find out the total interest paid using just the minimum payment or with the extra payment, as well as total savings.

There are no options implemented for copying or saving these details to file, but you can take a screenshot of everything and share the image with another installed app.

Unfortunately, Loan Payoff Calculator kept hanging on Windows 10 during our evaluation when attempting to set loan information. But when it works, it's fast and delivers accurate information. It doesn't bring anything new to the table, though.