Home Equity Loan calculator helps you to calculate loans and mortgages repayments and create amortization schedule. It is a software tool that allows you to analyze various combinations of loan amounts, interest rates, loan terms, etc. to determine the best possible loan for your budget. It includes the ability to calculate loan scenarios based upon variable payment frequency. Offers Daily, Weekly, Biweekly, Bimonthly, Monthly, Quarterly, Biannual, and Annual payment periods. The calculator is currency-independent so it can be used with Dollars, Euros, Pounds or whatever you like. The program calculates amortization schedules for American, Canadian and UK mortgages, personal loans, car loans and miscellaneous other kind of loans.