The Calculator tab can be located in the main top menu bar. Once selected, a new window will open for the Calculator section..
The first section will be the Loan Amounts calculator. Enter the loan details you wish to calculate and the results will be reflected on the right hand side of the page automatically.
The second calculator is the Loan Fees. Here you can make use of the drop down menus if the fees are to be charged at Establishment or if it will be a recurring fee. You have the following options; Weekly, Fortnightly, Monthly, Quarterly, Bi-Annually or Yearly. Recurring fees are converted to match the repayment frequency for the purpose of including it in the calculated forecast. Recurring fees are converted to match the repayment frequency for the purpose of including it in the calculated forecast.
You are also given the option to add more fees by clicking on the green + Fee button.
The third calculator is the Repayments, here you can select a date, Repayment Frequency and/or number of payments. You also have the options to toggle repayments to be in advance or interest only.
Once you have filled in the information on your desired calculator, the results will be summarised in the Summary screen, located in the middle of the screen.
The Repayment Forecast will reflect the proposed schedule for the selected terms and frequency, including any applicable fees as per your calculations and information entered into the corresponding calculator.
For easy printing purposes, you can select the Print Schedule button located on the top right hand corner. This will also download the Loan Repayment in pdf format.