Loan & Interest Calculator

About Loan & Interest Calculator

This App offers the following calculators for both Android Mobile Phones & Tablets.


1) Loan Calculator (Mortgage Calculator)
2) Simple Interest Calculator
3) Compound Interest Calculator


LOAN CALCULATOR - FEATURES:
* Reverse Loan calculations (find out one of Loan amount, Interest rate, Loan term or Monthly repayment given the other 3 values)
* Make Pre-payments (Extra Repayments) and find out interest savings, loan term reduction
* Input Interest rate (%) changes and find out impact on monthly repayment, loan term
* Loan Offset Account saves the interest you pay. Helps to pay off loan faster
* Repayment Holiday (interest only) period calculations
* Track various Loan expenses such as Fees, Insurance, Tax, Maintenance charges, etc
* Save loan calculations


SIMPLE & COMPOUND INTEREST CALCULATOR - FEATURES:
* Calculates positive & negative amounts
* Calculates compound interest for lump sum deposit/withdraw, regular deposit/withdraw & both
* Various deposit/withdraw frequencies - Daily, Weekly, Fortnightly, Monthly, Bi-Monthly, Quarterly, Thrice-Yearly, Half-Yearly & Yearly
* Ability to increase or decrease the regular Deposit/Withdraw amount every year by a certain amount or percentage
* Ability to specify a particular Term (duration) for regular Deposit/Withdraw irrespective of the Total Term
* Various Compounding frequencies - Daily, Weekly, Fortnightly, Monthly, Bi-Monthly, Quarterly, Thrice-Yearly, Half-Yearly & Yearly
* Positive(+) or negative(-) Interest Rate (%) helps in calculating Profit or Loss scenarios
* Displays Maturity Amount, Total Amount Deposited & Total Interest Earned
* Yearly and Monthly reports in a tabular format show how your investments are growing
* You can E-mail both yearly and monthly reports
* You can visualise results through intuitive Graph & Chart
* Calculates "Simple Interest" as well (You don't need another App)
* Contains in-built User Guide
* Handles very large numbers


USER INTERFACE FEATURES:
* Elegant Material Design Theme
* Easy to use interface with Tabs
* App works on Phones & Tablets
* Basic & Advanced calculations modes
* Calculates in no time
* Light weight & loads quickly
* Runs from Android version 2.3 (Gingerbread)
* No Internet connection is required


BENEFITS TO USERS:
* FREE App (100% full features)
* App is generic and it is suitable for people of all Countries
* No prior finance knowledge required
* Helps you take informed decisions about your finance
* Saves you a lot of time, effort & money
* Used for investments, financial planning, budgeting, accounting, studies, research & more
* Suitable for individuals, financial planners, accountants, brokers, students, research analysts, etc


DISCLAIMER:
Kindly consider this calculator as a guidance only. Investors are required to make their own assessment before investing.