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iLoan

iLoan
  • #: 169821
  • Price: free ($0.00) In Apple Store
  • Category: Finance
  • Updated: 2011-02-17
  • Current Version: 2.2.1
  • 2.2.1
  • Size: 1.70 MB
  • Language: English
  • Seller: Jerry Mayers
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 4.0 or later.
  • © 2008-2010 Jerry Andrew Mayers
  •  Add to Favorite apps

 

Description

Description:

iLoan is a simple loan / mortgage calculator for the iPhone and the iPod touch.

You can calcuate any of the components of virtually any type of loan: Principal, Interest, Number of Years, Monthly Payment, Total Cost, Total Interest.

Features:

* Simple to use

* Amortization Table

* Solve for any of the following

o Principal - Amount you want to borrow

o Interest - How much the bank will charge you over the life of the loan

o Number of Payments

o Monthly payment - how much you will pay each month for the interest & principal

* Currency independent - it doesn't matter what currency you enter the inputs in, it will answer in the same currency.

* Works for most type of loans

o Home mortgage

o Auto

o Boat

o Credit card

o Student loans

o and many more

How to use:

imply enter the 3 known values into the appropriate text fields and hit "Solve", the remaining blank fields will be calculated. You can enter ANY combination of 3 values and solve for the remaining.

After you solve a loan, you can view the amortization schedule for that loan.

iLoan currently compounds interest monthly like most loans.

Pop up calculator so you can do side calculations without having to leave the app.

Please email me for support before posting bad ratings if you are having trouble: amayers13@gmail.com

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The information may be outdated (2011-04-21 10:07:42). For actual information go to iTunes

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