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Loan Calculator Pro app for iPhone and iPad


4.0 ( 5360 ratings )
Business Finance
Developer: SVT Software
0.99 USD
Current version: 5.2, last update: 1 year ago
First release : 11 Feb 2009
App size: 1.24 Mb

Loan Calculator Pro is an easy to use financial calculator. Within seconds, you will be able to calculate the monthly payment for different types of fixed rate loans such as home mortgage, auto, and credit card. You can calculate "what if" scenarios to determine how additional monthly and yearly payment will help you to pay off your loan earlier and save money in interest. In addition, you can use Loan Calculator Pro to track all your extra payments at any amount and at any point in the life of your loan.


FEATURES

* Early Payment Simulation
See how much interest you will save and how early you will pay off your loan by entering extra payment amounts per month and/or per year.

* Extra Payment Tracking
- Loan Calculator Pro will let you track all of your extra payments in variable amounts throughout the life of the loan. For example, it will let you track an extra $100 in principle on the first payment, an extra $300 on the 5th payment, and an extra $1000 one the 10th payment, etc. This way, the application will still be useful long after you have purchased your property and will let your know exactly where you are with all your loan payments.

* Fast Calculations
- Loan Calculator Pro is designed to be fast. Calculations are done instantly after you enter each amount field.

* Large Numeric Keypad
- The large keypad allows for easier, faster, and more accurate entry of numeric amounts.

* Amortization Table
- A complete payment schedule allows you to view the amount, interest, principal, and remaining balance for each and every payment of the loan.

* Bookmark of Payments
- You can bookmark the current payment you are at in the amortization table and the application automatically scroll to the memorized payment the next time.

* Saved Loans
- Loan Calculator Pro lets you save and organize all your various loans in a list so you do not have to enter the information over each time. It will also remember and opens up the last saved loan you worked on.

* Loan List Reordering
- You can reorder the loans from the saved list in any order you choose.

* Email Export
- Export loan information and payment schedule via email.

* Passcode Security
- Passcode protection to keep your loan information private.

* Backup / Restore
- Backup your data to your computer for safekeeping. Then restore it to your iOS device when you need to via the iTunes file sharing interface.

* Intuitive User Interface
- Special attention was given to the user interface to ensure that it is clean, intuitive, and easy to use.

Pros and cons of Loan Calculator Pro app for iPhone and iPad

Loan Calculator Pro app good for

Like to buy a macbook pro or similar? Go and have an eye on the credit lines retail offers and see, if there are any hidden fees or stay cool with all these buy now and pay later offerings. You can save multiple calculations for one object and thus be the master of your dreams and possibilities. Have it in your pocket and maybe put it on the desk when it comes to bargain.
This app is great. It gives you the details you need with just a few values to input.
This is a very useful Application. Its very simple to use. Thanks for offering it for free!
Clean interface. Just need start and end dates to be perfect.
It doesnt have weekly or bi-weekly payment options. Not everyone pays loans monthly. More $ goes to the principal if paid weekly or bi-weekly. Add option please!!! Then I will change to 5 stars!!!
The best loan calculator in the app store. Highly recommend if you are going to be getting a loan. Very simple and easy to use... This was just what I needed. Thankyou!

Some bad moments

Calculations are not indicating correctly. I have entered the loan information correctly but the app information does not reflect the proper amounts from my bank statements.
I dont usually write reviews but this app is not worth a buck. It would be somewhat usefull if you could choose start and end dates or if u could choose the payment and have it calculate term. This is about the same as the free apps. It makes it sound like you can track your payments. You cannot. Only the payments you make extra. How do I know If Im on payment number 55 or 60 if I cant check them off.
Limited functionality. Not much to this app. It has a basic loan calc screen...and thats it.

Usually Loan Calculator Pro iOS app used & searched for

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