Chamasoft allows you to calculate a loan depending on the different interest types i.e. fixed rate, reducing balance rate or custom interest rate.
1. To calculate a loan go to; Loans>Loan Calculator here
![Loan Calculator](https://help.chamasoft.com/wp-content/uploads/2016/07/loan-calc.png)
2. Fill in the entries as follows:
![Loan Calculator](https://help.chamasoft.com/wp-content/uploads/2016/07/calc.png)
Click on Calculate to display the results
![loan-calculator](https://help.chamasoft.com/wp-content/uploads/2016/07/loan-details.png)
The results of the loan will be displayed as above