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LOANCAL

LOANCAL
  • #: 20276
  • Price: free ($0.00) In Apple Store
  • Category: Finance
  • Updated: 2010-06-06
  • Current Version: 1.0
  • 1.0
  • Size: 0.50 MB
  • Language: English
  • Seller: Rajesh Kumar Mishra
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 2.2.1 or later
  • © Rajesh Mac Labs, 2010. All rights reserved.
  •  Add to Favorite apps

 

Description

Loan calculator as the name suggests, calculates the easy monthly installments (EMI) for a period, on a principal amount at a given interest rate. It is a handy tool, which can run in two different modes, named Easy and Custom mode.

1. The easy mode provides the user with most common numeric figures for principal, interest rate and period of the loan to select from.

2. The custom mode allows the user to specify any mortgage amount, period and interest rate.

In the both the modes, users have option to select the start date of loan. A summery of total interest, per month installment or EMI, and the end date of installment is shown at the bottom of the page in both the modes.

For more granularity (Amortization Table), a month wise list of EMI , remaining principal, interest paid so far and the balance amount can be generated .

iPhone Screenshots

LOANCAL iPhone Screenshot 1
LOANCAL iPhone Screenshot 2

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The information may be outdated (2011-03-27 23:25:51). For actual information go to iTunes


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