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**From:**Toyo Spares

My apologies if this post is considered inappropriate for this forum.

What I am after is opinions/recommendations on some good loan calculation software.

It must be able to calculate based on Australian loan conditions.

i.e. allow weekly repayments, calculate interest, daily (preferably charge monthly) etc.

In particular I'm after a package that will calculate the repayments

required given the starting balance, an interest rate and the desired residual after X period of time. e.g. I borrow $150k @ 7% pa and would like $70k outstanding balance after 2 years, what are my weekly repayments.

I know I can do this by manually changing the repayment figure until the appropriate balance figure is achieved in the appropriate cell of the amortization table but, some software to do it automatically would be great.

Short of writing something in Excel, anyone seen anything that can do this ?

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