Loan Calculator%- Simple Loan Calculator 4+
usman hamid
Designed for iPad
-
- Free
Screenshots
Description
The Simple calculator for affordable, differentiated and fixed payments. This application is perfect to calculate a loan or mortgage.
Calculation: the monthly payment, the amount of interest paid, the total cost of credit, amortization schedule and a comparison of all these indices between different loans.
What’s New
Version 1.0
This app has been updated by Apple to display the Apple Watch app icon.
Ratings and Reviews
Rubbish !
Monthly installment amount & affordable loan totally wrong !
Amortization is Totally Wrong
Data input:
Amount borrowed: $1,000,000
Annual Interest Rate: 3.50%
Number of years: 30
Results returned:
Monthly Payment: 2,825.31
Total interest: $17,111.00
Total payment: $117,111.00
Definitely wrong.
how can total interest is only $17,111 when $1 Mil is amortized over 30 years with annual interest rate is at 3.50%??
App Privacy
The developer, usman hamid, has not provided details about its privacy practices and handling of data to Apple.
No Details Provided
The developer will be required to provide privacy details when they submit their next app update.
Information
- Provider
- usman hamid
- Size
- 21.3 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 8.0 or later.
- iPad
- Requires iPadOS 8.0 or later.
- iPod touch
- Requires iOS 8.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © none
- Price
- Free