In short
Loan Calculator + is an app for iOS created by MH Riley Ltd.
Highlights
Love that you can save your many loan queries
Straightforward app with simple and easy to use application
Description
*** Featured by Apple as 'What's Hot' ***
Loan Calculator has one aim - To SAVE YOU MONEY on your loan!
If you're taking out a loan, looking to organise your loans, or want to pay off your loan early, then this is the perfect app for you.
Try out various 'What-If' scenarios and quickly see how overpayments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off overpayments, at any period during the loan. Then watch the total length and cost go down. You may be surprised by just how much!
Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year.
5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier."
5-Stars - "...really helped me to compare the different loan deals"
*** Features ***
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Visualise loan costs in simple, interactive charts:
√ Organise any number of loans
√ Support for mortgages, car loans, credit cards and many more
√ See money saving effect of regular or one off Overpayments
√ Variable Rates support
√ Calculate the 'True Cost', by including Arrangement Fees, Insurance etc
√ Monthly breakdown of costs (Amortization)
√ Email a PDF or HTML of the loan details
√ Full support for fixed 'Initial Rates' e.g. interest free for 6 months
√ Try out various 'What-If' scenarios
√ Charts allow easy visualisation of the costs
√ Make an informed choice by comparing loans
√ Extra payments can 'Reduce Term' or 'Reduce Payments'
√ Support for 'Repayment' or 'Interest Only'
√ Set of quick calculators for instant answers
√ Backup & Restore via Dropbox
√ Passcode protection
√ Elegant, simple and powerful user interface
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