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Loan Calculator & Simulator app for iPhone and iPad


4.0 ( 0 ratings )
Utilities Finance
Developer: SUMEET SINHA
Free
Current version: 1.3, last update: 9 months ago
First release : 22 May 2022
App size: 4.27 Mb

Loan Calculator & Simulator App is a powerful financial tool that simplifies the complex process of managing loans, refinancing options, and extra payments, right at your fingertips. Whether youre looking to purchase a new home, refinance an existing loan, or accelerate your debt repayment, this app provides you with accurate calculations and valuable insights to make informed financial decisions.

Comprehensive Loan Calculations:
- Calculate monthly payments, total interest, and total loan cost based on loan amount, interest rate, and term.
- Determine the impact of changing loan variables on your repayment plan.

Loan Amortization Schedule:
- View loan amortization schedule table, with month by month information of loan principal paid back and interest paid
- View amortization charts for principal paid, interest paid, and reducing loan balance every month

Refinance Analysis:
- Evaluate the potential savings and benefits of refinancing your current loan.
- Compare different refinancing options to find the most favorable terms.
- Assess the impact of refinancing on your monthly payments and overall interest paid.

Extra Payments Calculator:
- Discover the advantages of making additional payments towards your loan.
- Calculate how extra payments can reduce your loan term and interest.
- See the potential savings that can help achieve your financial goals.