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
fig 1: Loan calculator

2. Fill in the entries as follows:


Loan Calculator
fig 2: Loan calculator

Click on Calculate to display the results

fig 3: loan details

The results of the loan will be displayed as above

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