Loan & Interest Calculator

Look no further than this Loan & Interest Calculator app! With a sleek design and user-friendly interface, this app offers a variety of calculators to help you save time, effort, and money. Whether you're calculating loans, comparing interest rates, or planning investments, this app has you covered. With features like reverse loan calculations, pre-payments analysis, and the ability to track expenses, you can make informed decisions about your finances. Plus, it's completely free and suitable for users of all countries. Take control of your finances today with this powerful app!

Features of Loan & Interest Calculator:

1) Loan Calculator:

- Reverse loan calculations

- Make pre-payments and find interest savings

- Input interest rate changes and find impact on monthly repayment

- Loan offset account feature

- Repayment holiday period calculations

- Track various loan expenses

- Save loan calculations

2) Simple & Compound Interest Calculator:

- Calculates positive & negative amounts

- Various deposit/withdraw frequencies

- Ability to increase or decrease regular deposit/withdraw amount

- Ability to specify a particular term for regular deposit/withdraw

- Various compounding frequencies

- Calculates profit or loss scenarios

- Displays maturity amount, total amount deposited, and total interest earned

- Yearly and monthly reports in tabular format

- Email reports feature

- Graph and chart visualization

- Calculates simple interest as well

3) User Interface Features:

- Elegant Material Design Theme

- Easy to use interface with tabs

- App works on phones and tablets

- Basic and advanced calculation modes

- Fast calculations, light weight, and quick loading

- No internet connection required

Tips for Users:

1) Take advantage of the reverse loan calculations feature to easily find out the loan amount, interest rate, loan term, or monthly repayment based on the other values.

2) Use the pre-payment feature to calculate how much you can save on interest and reduce your loan term by making extra repayments.

3) Experiment with different interest rate changes to see how they impact your monthly repayment and loan term.

4) Utilize the loan offset account feature to save on interest and pay off your loan faster.

5) Keep track of various loan expenses such as fees, insurance, and maintenance charges to have a comprehensive view of your loan.

Conclusion:

With the loan calculator, users can easily reverse calculations, make pre-payments, track loan expenses, and more. The simple and compound interest calculator provides various options for deposit/withdraw frequencies, compounding frequencies, and the ability to calculate profit or loss scenarios. The user interface is elegant and easy to navigate, with basic and advanced calculation modes available. This app is suitable for individuals, financial planners, accountants, students, and more. It is a free app that requires no internet connection, making it convenient for users to access anytime, anywhere. Take control of your finances and make informed decisions with the Loan & Interest Calculator app.