The smart truth-checker for your home, car, or personal loans. Calculate exact monthly payments, compare repayment methods, and visualize your path to being debt-free with precise amortization schedules.
Publisher
Category
FinanceDownloads
783K+User Rating
Total Ratings
8K+Locales
104Discover the interface used by 783K+ users.
The tools that make this app stand out, trusted by 783K+ users.
See exactly where every dollar goes. View a monthly breakdown of principal, interest, and remaining balance for the entire life of your loan.
Switch between equal principal, interest-first, or maturity options to discover which strategy saves you the most money over time.
Verify bank offers in real-time. Calculate monthly payments on the spot to ensure you're getting the best deal at the dealership or bank.
Everything you need to know about Loan Calculator (Installment).
Description
Latest Version
5.8.2
Size
6.6 MB
First Released
Aug 14, 2014
Everything you need to know about Loan Calculator (Installment)
The Loan Calculator (Installment) app supports equal principal and interest payments, equal principal payments, and principal maturity repayment methods for loan calculations.
Yes, the Loan Calculator (Installment) app calculates and displays your monthly loan payments. It provides detailed breakdowns of principal, interest, and the remaining balance.
To calculate a loan using the Principal Equal Repayment method, input the loan amount, loan term in months, and loan rates. The Loan Calculator (Installment) app generates a detailed amortization schedule.
The Loan Calculator (Installment) app's amortization schedule details each payment number, the total payment, the principal portion, the interest portion, and the remaining balance for every period.
The Loan Calculator (Installment) app requires the loan amount, the loan term, and the loan interest rate. These inputs enable the calculation of various repayment options and schedules.
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