Loan Calculator - Payoff Calc 4.3

Loan Calculator - Payoff Calc 4.3

giang pham  ❘ Freeware
iOS
out of 211 votes
Latest Version
4.3
Safe to install
EXCELLENT User Rating

This loan calculator provides a valuable tool for accurately forecasting loan repayment. It enables users to assess the impact of incorporating extra payments into their payment plans.

  • Equal Payment Method: Ensures that each payment is of equal value.
  • Equal Principal Method: Allocates equal amounts towards principal with each payment, while interest is calculated based on the remaining balance.
  • Interest Only Method: Requires only interest payments until the final payment, which covers the remaining loan amount.

The calculator supports a range of payment frequencies and offers flexibility in accommodating different types of additional payments. Simplicity and user-friendliness are key features of this tool. We encourage you to try it and provide your valuable feedback.

Overview

Loan Calculator - Payoff Calc is a Freeware software in the category Business developed by giang pham.

The latest version of Loan Calculator - Payoff Calc is 4.3, released on 01/04/2024. It was initially added to our database on 01/02/2024.

Loan Calculator - Payoff Calc runs on the following operating systems: iOS.

Users of Loan Calculator - Payoff Calc gave it a rating of 5 out of 5 stars.

Pros

  • User-friendly interface that makes it easy to input loan details.
  • Offers various loan types and scenarios for analysis.
  • Provides quick calculations for monthly payments and payoff dates.
  • Includes an option to visualize payment schedules over time.
  • Responsive design makes it accessible on mobile devices.

Cons

  • Limited customization options for advanced users or complex loans.
  • May lack in-depth financial analysis features found in more comprehensive tools.
  • Ads may distract from user experience unless using a paid version.
  • Occasional bugs reported by users leading to incorrect calculations.
  • No integration with banking apps or financial services for automatic updates.

Screenshots (Click to view larger)

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