By Asif Khalyani
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How to Add Loan Step
Presenting the "Loan Calculator +++" App for calculating the loan on your tips and within no time, the application provides simplest way of calculating the month payments for different types of fixed rate loans, loan can be any like Home Loan, Auto Loan, Mortgage Loan, Credit Cards Loan, Boat Loan etc...
Our App also provides flexibility for additional payment during the life of loan which can be consecutive (monthly or Yearly) and non consecutive payment as per you have it on hand.This helps you to determine how you can pay off your loans early and how you can save your interest.
➤ Extra Payment:
Our Apps provides feature for entering extra payment if any made by you during the repayment of loan. Based on this we provide the interest saved for extra payment made.
☞ Option for consecutive payment
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➠ Add Per Month: You can enter extra payment amount which you going to pay every month into the Add Per Month Textbox.
➠ Add Per Year: You can enter extra payment amount which you going to pay every year into the Add Per Year Textbox. Also we provided feature for selecting the month on which you are going to make yearly payment
☞ Option for non-consecutive payment
➠ Repayments: If your not sure for the extra payment for every month or every year throughout the life of loan you can opt this option. This option gives you flexibility of entering amount when you have it.
➠ Payoff Early: If you have made any extra payment this shows how early your loan going to be completed.
➠ Total EMI Paid Current month:
First Landing page display current month loan payment start total display there.
➠ Fast Calculations
Loan Calculator 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, total interest, principal, and remaining balance for each and every payment of the loan. Loan Summary also display.
➠ Optimized for iOS 6 and Retina Display
Supports fast app switching and higher resolution Retina display.
➠ Saved Loans
Loan Calculator +++ lets you save and organise 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 see list of your loans and Search Loans.
➠ Monthly Payment:
It is the Estimated Monthly instalment.
➠ Regular Interest:
This is actual interest which is going to be paid by your for the Load taken.
➠ Interest Saving:
If you have made any extra payment this will show the interest saved by you as a result of early payment.
➠ Total Interest:
This shows the total interest which is going to be paid by you for the loan (Regular Interest - Interest Savings)
➠ Loan + Interest:
This is the actual amount which you are going to pay for the Loan.
➠ Passcode Security
Passcode protection to keep your loan information private.
➠ Intuitive User Interface
Special attention was given to the user interface to ensure that it is clean, intuitive, and easy to use.
What's New in Version 1.1
+ Loan List display
Payoff Early Your Loan
Progress bar with loan amount + interest = 100% Pay Loan
+ Amortization Table
Display with Monthly Payment = Principal + Interest with Progress bar.
The purpose of the app is good.
The devs should work on the following:
1-change the starting pic
2-make a horizontal gui for iPad
3-remove the unneeded description in the AppStore
4-add the touch ID besides the manual password
- Category: Finance
- Updated: Dec 21, 2012
- Version: 1.1
- Size: 7.7 MB
- Language: English
- Seller: Asif Khalyani
- © 2012 icreativebrains
Compatibility: Requires iOS 6.0 or later. Compatible with iPhone, iPad, and iPod touch.