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Loan Calculator Pro
Loan Calculator Pro is an easy to use financial calculator. Within seconds, you will be able to calculate the monthly payment for different types of fixed rate loans such as home mortgage, auto, and credit card. You can calculate "what if" scenarios to determine how additional monthly and yearly payment will help you to pay off your loan earlier and save money in interest. In addition, you can use Loan Calculator Pro to track all your extra payments at any amount and at any point in the life of your loan.
Loan Calculator Pro goes a step further and lets you save and organize your various loans in the Favorites list so you do not have to enter the information over each time. Special attention was also given to the user interface to make it as clean, intuitive, and easy to use as possible.
FAQs
- How do I enter a decimal point for the amount fields?
To enter a decimal point in an amount field, you will need to go to the 'Settings' view and then turn off the 'Number Pad' setting. Turning off the 'Number Pad' setting will make the standard keyboard (which has a decimal point key) the default input method.
- How do I enter the percent interest using the numeric keypad?
The answer is best explained by examples. To enter "6.125" as the interest rate, just key in "6", "1", "2", and "5". The application will automatically enter the decimal point for you. To enter an interest with just 2 decimal places such as "6.25", key in "6", "2", "5" and "0". The interest rate field will display "6.250".
- How do I save a loan?
To save a loan, touch on the 'Save As' button. Then enter a name for the loan and touch on the 'Save' button.
- How do I view the list of saved loan?
Touch on the 'Favorites' button to view the loans you have saved.
- How do I view the Amortization table?
To view the amortization table for a loan, touch on the 'Amortization' button on the bottom right. The application will then display the payment schedule for the loan.
- How do I change the name of a saved loan?
To change the name of a loan, go to the 'Favorites' view and then touch on the blue button to the right of the loan name. Finally, edit the loan name and touch on the 'Save' button.
- How do I calculate the monthly payment for a loan?
Touch on the 'Calculator' button, then enter the loan amount, number of years or months in the length field, and the interest rate. Touch on the 'Done' button and the monthly payment amount will be calculated instantly for you.
- How can I update an existing loan?
To update an existing loan, go to the 'Favorites' view and select a loan you want to update. Then update one or more fields of the loan. You will need to touch on the 'Done' button after updating each field.
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