About Loan Calculator
Buying a house or a car? Want to know your monthly payment or how much you can afford to borrow? Loan Calculator is the tool you need. Supporting two calculator modes, general loan and mortgage specific loan, Loan...
Buying a house or a car? Want to know your monthly payment or how much you can afford to borrow? Loan Calculator is the tool you need.
Supporting two calculator modes, general loan and mortgage specific loan, Loan Calculator allows you to calculate your payment and affordability on a loan or a mortgage. It is easy to use but full of features. Whether you are making a general loan, an auto loan or a home mortgage, Loan Calculator can help you perform a thorough analysis on the loan and make better decisions on your purchase or investment.
KEY FEATURES
1. Simple and easy to use, allowing you to quickly calculate monthly payment, interest, total payment, or how much you can afford to borrow.
2. When extra payment is made, Loan Calculator calculates savings and how earlier the loan is paid off. Extra payment can be done one-time, bi-weekly, monthly, quarterly, semi-annually or annually.
3. Refinance feature lets you quickly find out whether or not you should refinance your current loan to lower your monthly payment and pay off the loan early.
4. Amortization table details each periodic payment, showing date, interest, principal and balance. Extra payment is highlighted if any.
5. Various graphs allow you to visualize and analyze your loan at different angles.
6. Ability to save loan along with descriptions
7. Support multiple compounding methods, including Daily, Monthly (US and many countries), Quarterly, Semi-annually (Canada) and Annually.
8. Support multiple payment frequencies, including Bi-weekly, Monthly, Quarterly, Semi-annually and Annually.
9. Mortgage calculator mode enables you to perform thorough analysis on your home loan.
10. Loan Comparison allows you to conveniently compare two loans side by side so you can choose which one is suitable to you.
11. Many more features, plus elegant design you need to check out to see.
Previous Versions
Here you can find the changelog of Loan Calculator since it was posted on our website on 2019-10-25 22:25:29.
The latest version is 1.11.00 and it was updated on 2024-04-23 11:14:32. See below the changes in each version.
Loan Calculator version 1.11.00
Updated At: 2024-02-25
Changes: Minor bug fixes
Loan Calculator version 1.10.16
Updated At: 2023-12-20
Changes: Improved performance
Loan Calculator version 1.9.28
Updated At: 2021-10-17
Changes: Added support for Semi-monthly payment
Loan Calculator version 1.9.15
Updated At: 2021-05-14
Changes: PMI is now an optional field per users' feedback.
Loan Calculator version 1.9.1
Updated At: 2020-10-05
Changes: Chart updates for better visualization
Loan Calculator version 1.8.14
Updated At: 2020-06-20
Changes: User interface updates
Loan Calculator version 1.8.13
Updated At: 2020-05-10
Changes: Add more details to Refinance section to let users make decision easier
Loan Calculator version 1.8.9
Updated At: 2020-03-15
Changes: Added help page for refinance
Loan Calculator version 1.8.8
Updated At: 2020-03-11
Changes: Added capability to check if you should refinance. Select "Should I refinance" from the app's menu
Loan Calculator version 1.8.8
Updated At: 2020-03-11
Changes: With mortgage rate is now at record low in the US, many home owners now could take advantage of the low rate to refinance their mortgage to lower monthly payment or to pay off the mortgage earlier.
We added capability to Loan Calculator to let you quickly check whether you should refinance or not. Select "Should I refinance" from the app's menu and follow the instruction on the screen
Disclaimer
Official Google Play Link
We do not host Loan Calculator on our servers. We did not scan it for viruses, adware, spyware or other type of malware. This app is hosted by Google and passed their terms and conditions to be listed there. We recommend caution when installing it.
The Google Play link for Loan Calculator is provided to you by apps112.com without any warranties, representations or guarantees of any kind, so access it at your own risk.
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