ITC LoanCalc

The objective of “LoanCalc” is to provide you with different amortization scenarios for your loan. This will help you understand total amounts to be paid to the lender depending on the chosen scenario, and the estimated impact on your future cash flow. It is recommended that you use LoanCalc prior to meeting with your bank in preparation to your negotiations. LoanCalc will help you understand which cash outflows over time will result from different terms (loan amounts, interest rates, maturities and fees). You will thereby be able to determine which terms and repayment scenarios are more suitable to your business needs. Once you have agreed on loan terms with your Bank, LoanCalc can also be used to refine your financial plan.

 Parameters

Loan Amount?

Annual Interest Rate (%)?

Loan Duration (months)?

Interest Rate Calculation Period?

Monthly Quarterly Semi-Annually Annually

Start Date (month)?

2009 2010 2011 2012 2013 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Grace Period (months)?

 Amortization Scenarios?

1. Constant Payment: principal+interest / Grace Type: no grace period?

2. Constant Payment: principal+interest / Grace Type: principal only?

3. Constant Payment: principal+interest / Grace Type: principal+interest?

4. Bullet Amortization (Constant Interest Payment) / Grace Type: principal only?

5. Constant Principal Payment / Grace Type: no grace period?

6. Constant Principal Payment / Grace Type: principal only?

7. Constant Principal Payment / Grace Type: principal+interest?