Loan Calculator a financial Android application designed to help users manage their loan and mortgage calculations. This tool offers a wide range of features for anyone dealing with financial planning.
Loan types and calculations
The utility supports a variety of loan types, including:
- mortgage;
- business;
- personal;
- car;
- student.
Detailed calculations for each loan type are provided, so you have a clear understanding of your financial obligations. You can input various parameters such as amount, interest rate, term, and payment frequency to get accurate results.
One of the key features of the utility is its amortization schedule. Users may view a detailed breakdown of their loan payments, including the principal, interest, and remaining balance for each period. This option helps them plan their finances and make informed decisions.
Comparison and settings
Moreover, the app allows users to compare different loan options side by side. This feature is useful for those who are considering multiple offers. It is possible to explore the impact of different interest rates or terms on their monthly payments.
There are customizable settings, so you may adjust the app’s appearance and preferences. It is possible to choose from various color schemes, toggle between different currency formats, and select your preferred units of measurement. Please note that the utility can be used offline.
Moreover, you may share your calculations with others via email, text message, or social networks. Additionally, there is an option to export your data as PDF or CSV files for future reference.
Features
- allows users to calculate various types of loans;
- it is possible to compare different credits;
- you may view the detailed breakdown of your payments, just like in Loangram;
- the app is free to download and use;
- compatible with current Android versions.
