About Loan Calculator
This App offers the following calculators for both Android Mobile Phones & Tablets. (1) Loan Calculator (Mortgage Calculator) (2) Advanced Loan Calculator (Advanced Mortgage Calculator) (3) Compound Interest Cal
This App offers the following calculators for both Android Mobile Phones & Tablets.
(1) Loan Calculator (Mortgage Calculator)
(2) Advanced Loan Calculator (Advanced Mortgage Calculator)
(3) Compound Interest Calculator (Future Value Calculator)
(4) Simple 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
COMPOUND INTEREST CALCULATOR - FEATURES:
* Calculates positive & negative amounts
* Calculates simple and 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
* 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
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 guidance only. Investors are required to make their own assessment before investing.
Previous Versions
Here you can find the changelog of Loan Calculator since it was posted on our website on 2019-09-17 23:34:50.
The latest version is 7.0 and it was updated on 2024-04-22 22:27:00. See below the changes in each version.
Loan Calculator version 7.0
Updated At: 2023-08-08
Changes: (1) Upgraded Android OS and other related system components to their latest versions
(2) Minor improvements
(3) Fixed minor issues
(4) This App has completed 9 years in July-2023. Thank you so much for your support!
Loan Calculator version 6.0
Updated At: 2022-07-13
Changes: (1) Added dark mode feature
(2) Major user interface (UI) improvements to support both light mode and dark mode
(3) You can choose the mode from App's Settings. By default, the App will follow your Phone's mode
(4) Upgraded Android OS and other related components to their latest versions
(5) By the way, this App has completed 8 years in July-2022. Thank you so much for your support!
Loan Calculator version 5.0
Updated At: 2021-07-12
Changes: Improved the layout design of Advanced Loan calculator.
We received quite a few emails from the users and they had questions about how to use the "one time" extra repayment feature. The improved design will address those questions and make it easy to use the feature.
By the way, this App has completed 7 years in July-2021. Thank you so much for your support!
Loan Calculator version 4.0
Updated At: 2020-07-18
Changes: (1) User interface improvements with the following changes
(a) new design on home page
(b) swipe tabs. You can move from one tab to another tab with finger gesture
(c) layout improvements on Input tab, Report tab, Graph tab, Loan Save tab and Info tab
(d) title bar and tabs move up and down as you scroll - gives more screen space to calculations
(2) Separated Basic and Advanced Loan calculators
(3) Separated Simple and Compound Interest calculators
Loan Calculator version 3.0
Updated At: 2018-01-30
Changes: Updated Compound Interest Calculator with the following features.
(1) You can calculate compound interest for the given number of "days". For example, calculate compound interest for 100 days.
(2) The regular deposit term now supports "days". For example, you can deposit 10 bucks daily for 50 days
Disclaimer
Official Google Play Link
We do not host Loan Calculator on our servers. We did not scan it for viruses, adware, spyware or other type of malware. This app is hosted by Google and passed their terms and conditions to be listed there. We recommend caution when installing it.
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