Simple-model Loan Calculator

By RYUICHIROU SHIMONO on AppTrack Ninja.

Payments, interest, schedule

Enter the loan amount, interest rate, and repayment period, and see your monthly payment, total repayment, and the total interest you will pay — all updated as you type. Works for mortgages, auto loans, student loans, and more, with both equal-payment and equal-principal repayment methods. ■ Compare two loans (Premium) Is the lower rate with a longer term from Bank A better than the shorter term from Bank B? Pick two saved loans, and the app tells you in plain words how they differ in first monthly payment, total interest and payoff date, for example "Bank B's total interest is $12,000.00 les…

Categories: Finance, Lifestyle

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