Simple Loan Calculator app for iPhone and iPad
Enter the values and this calculator will figure the payment. The loan can be a mortgage, car loan, or any other simple interest amortization over a fixed time with fixed monthly payments. Also if you want to know how much can you afford, simply go for the affordable loan interface and enter the monthly payment, interest and number of years, the result will be the total affordable loan amount. Keep in mind, your monthly payment should be within a comfortable range of your monthly income, for example, 30%.
CAUTION: Do NOT rely on the results from this calculator to make financial decisions. Interest rates vary and the tax laws change regularly. Please contact us for assistance with your specific concerns.
Pros and cons of Simple Loan Calculator app for iPhone and iPad
Simple Loan Calculator app good for
This app IS exactly as the screen shots, its a Simple Loan Calculator with an amortization table.
Quick and easy...
Good app..does like it say..and screen shot is 100%true...good basic app
If you are in the car sales industry you will find this app very useful in calculating lien payouts . !!!!!!
not sure why but I put in my information and it wont change any numbers from their example at the beginning ---- werid!
I like this app because it is very agile and gives amortization as well. Doesnt matter if you are doing small loans or large loans. This works!!
I have used lite version for calculating my house loan and others investment
. It gives explanation , i love principle table feature.. This app is rock!!
Some bad moments
Click on icon and a page opens and them goes back to menu screen
Would be nice if you could put a payment in and see the difference or pay and extra amount each month before renewing a mortgage ......doesnt work for me with out this option....sorry
I used orange juice to calculate my loans better than this thing
Using this app for a math class. The interest can only be a whole number so, no way to say 4.6% interest. Its not precise, it gives you a total close to the right amount but it rounds everything.
Really underwhelmed with this. No options to add prepays or make any simple checks on principal v interest paid. Just use an online tool. Not worth downloading.
There is no way to enter in payment and the app will calculate duration.
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and other. So, download free Simple Loan Calculator .ipa to run this nice iOS application on iPhone and iPad.
