Loan Calculator Pro Reviews

Quick and Easy

TomD2701

Doesn't dance to music but does a quick calculation and the amortization table makes a nice addition. Could have running totals on the amortization table.

Great App

Nilgai

Great App, works great. Easy interface, just what I was looking for.

Works great on iOS5 4S

Mr Mistakes

It works great on iOS5 iPhone 4S, Numbers are little too small, Could you add a zoom feature please, so we can see it clearly!

I have looked at many apps out there and I really like this one. Even tho the app is iPhone app I downloaded it to my new iPad 3 and hit the 2x button and it looks great on the new screen. Looks like it was built for the new iPad screen

Pretty good app!

southerngirlnchi

This app has the basic needed features of amortizing a loan, offering an amortization table, calculating early payoffs with extra payments (monthly and annually extra payments), and showing the remaining loan balance with each payment. It also shows the total amount paid in principal and interest at the end of the loan which helps to compare which loan will cost more over the life of the loan. That helped me determine whether a lower interest rate would save me money. These features are what I needed to analyze my options for refinancing and paying off my loan early. Recommended additions would be to show cumulative interest paid and 'to date' interest paid (at year 5, total interest paid to date is $23,000). Also, maybe add year number in the amortization table-right now the amortization table shows the payment amount by number of payments instead of the number of year and months the loan has been outstanding. Overall very useful app!