Lets face it. There's a lot of loan calculators out there. Why choose this one? Well it's easy to use, the font is fairly large and it's got lots of colors. If you're still interested here's more:
• Early payoff calculations.
• Break down of payments for each period (amortization).
• Compare multiple loans and payment schedules.
• Easy export to HTML and CSV for view on a computer.
• Currency based on the region.
• Did I mention it has lots of colors? =)
Thanks for reading this far, I hope you give this calculator a try.
Fixed an issue with the percentage field.
Ratings and ReviewsSee All
Good app but ...
The app seems to work as initended. It would be nice however is the combined princiipal and interest were displayed somewhere on the table.
EDIT: I missed it. I does include the total payment. Increased my rating.
Loan Calculator - Best One Available
This is the one that seems to do it all. It’s cheap and it’s easy to read. I like it and highly recommend it if you want to figure out your payment schedule. It’s really good at figuring out how much you can save if you want to pay extra each month against your principle. I would also recommend using the shortcut function to save loans so they’re easier to switch back and forth to compare your options!!
I had expected to be able to track loans and add different extra principal payments sporadically when I wanted. The app only allows you to add an extra fixed amount to the payment when setting up the loan. Also there's no calendar or dates associated with the payments. I'd happily pay more for an app that has those functionalities. It's useless for me. Pls add those features.
With Family Sharing set up, up to six family members can use this app.