Loan Calculator

Loan Calculator


Revolutionary loan calculator offering all possible calculations inside the same form:
- amount + duration + rate -> monthly payment
- duration + rate + monthly payment -> amount
- amount + rate + monthly payment -> duration
- amount + duration + monthly payment -> rate

Suitable for all types of loans: mortgage loan, car loan, ...

This single form helps finding its ideal financing by trial and error. For example:
- I'm considering buying a property $ 250,000, loan rates are around 4% and I prefer borrowing over 20 years.
- So I know the amount [250 000] duration [20], rate [4] and requests the calculation of the monthly repayment. The amount: $ 1,514.95.
- I only have a monthly budget of $ 1400.
- I then replace the monthly payment calculated by [1400] and ask to recalculate my borrowing capacity. Its amount $ 231,030.
- It is probably too low to negotiate the price with the seller. What if I increased the loan period?
- I replace the term by [22] and request to recalculate my borrowing capacity. Its amount $ 245,536.
- Maybe I could negotiate a bit the rate to the bank to do even better.
- I replace the rate by 3.9% and recalculate my borrowing capacity. Its amount $ 247,865.
- An offer at that price will surely be accepted.

Possible inclusion of insurance fees.

Can be installed on SD Card.

Please report potential issues on http://www.ameyniel.com.

Recent changes:
- Fixed insurance payment that was always rounded
- Switched to new Google Play Services SDK
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Free
84
4.2
User ratings
306
Installs
100,000+
Concerns
0
File size
829 kb
Screenshots
Screenshot of Loan Calculator Screenshot of Loan Calculator Screenshot of Loan Calculator

About Loan Calculator
Revolutionary loan calculator offering all possible calculations inside the same form:
- amount + duration + rate -> monthly payment
- duration + rate + monthly payment -> amount
- amount + rate + monthly payment -> duration
- amount + duration + monthly payment -> rate

Suitable for all types of loans: mortgage loan, car loan, ...

This single form helps finding its ideal financing by trial and error. For example:
- I'm considering buying a property $ 250,000, loan rates are around 4% and I prefer borrowing over 20 years.
- So I know the amount [250 000] duration [20], rate [4] and requests the calculation of the monthly repayment. The amount: $ 1,514.95.
- I only have a monthly budget of $ 1400.
- I then replace the monthly payment calculated by [1400] and ask to recalculate my borrowing capacity. Its amount $ 231,030.
- It is probably too low to negotiate the price with the seller. What if I increased the loan period?
- I replace the term by [22] and request to recalculate my borrowing capacity. Its amount $ 245,536.
- Maybe I could negotiate a bit the rate to the bank to do even better.
- I replace the rate by 3.9% and recalculate my borrowing capacity. Its amount $ 247,865.
- An offer at that price will surely be accepted.

Possible inclusion of insurance fees.

Can be installed on SD Card.

Please report potential issues on http://www.ameyniel.com.

Recent changes:
- Fixed insurance payment that was always rounded
- Switched to new Google Play Services SDK

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User reviews of Loan Calculator
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Android Market Comments
A Google User
Jun 4, 2014
Great Simple & Caculate any Unknown Field - Thank You Great, Simple app. This will let you calculate by any unknown field! You can plug in any information and get the amount you are looking for, total you can borrow for a certain payment at a certain interest, or any other combination. Thank You for a great app, now when I go to buy a car I can tell what amount I can borrow at what interest and keep my payments right where I want them.
A Google User
Apr 27, 2014
Lacks flexibility Cannot enter anything but whole years. Not adequate
A Google User
Jan 17, 2014
Verynice Good
A Google User
Sep 24, 2013
Need graph Your icon shows graph but no graph feature in it
A Google User
May 7, 2013
Perfect tool Everything that's needed and nothing more. On can calculate any parameter of a loan based on the other parameters. Just perfect!