Loan Calculator is a feature rich app with a friendly user interface that allows the user to manage their loans. This app uses a complex algorithm to calculate the principle and interest on a loan based on number of payments and compounding periods.
Features include:
* Calculates any kind of from Canadian Mortgage Rates to the loan you give your brother-in-law
* Loan payments can be based on Annual, Semi-Annual, Quarterly, Monthly, Semi-Monthly, Bi-weekly, or Weekly periods.
* Compounding Interest is calculated based on Annual, Semi-Annual, Quarterly, Monthly, Semi-Monthly, Bi-weekly, or Weekly periods.
* Set the starting date of the loan.
* Type of loan (Beginning of Month or End of Month)
* Save your inputs.
* Email the loan schedule.
* Email attachment of loan schedule saved as a comma separate values (csv) file for easy import into you favorite spreadsheet application.
* Regular updates.
Loan Calculator is a must have for your toolbox of financial tools!