– Loan Calculator calculates the amount of your loan, the interest rate, the number of payments and the total cost of the loan after you make a single payment.

– Interest rate: The amount of interest calculated in the app is based on the base rate used by the bank. The rate may change. The numbers in the calculator are always based on the base rate of your bank.

– Number of Payments: The app calculates the total number of payments you need to make to pay back the loan.

– Frequency: It is possible to choose between weekly, monthly and yearly payments. You can also select the number of payments to be made at the beginning of the loan term, either all of them at once or several payments at a time.

– Options: An option to set interest rates, number of payments, and the frequency of the loan are available. You can also input the monthly installments at the beginning of the loan term.

– Print: For each payment, the calculator will print a summary with the following data: the amount of the payment, the number of payments, the total amount of the loan and the final total payment after all payments have been made.

Please provide feedback with your comments.

Recent changes:Version 1.0

[2009/07/05]
– Added a print button to the Summary tab.
– Bug fix on the option to choose the frequency of the payments.

* NEW BETA *
1.0.3:
* Bug fix for the option to set interest rates and the frequency of the loan.

* NEW BETA *
1.0.2:
* Bug fix.
* Bug fix for the option to set interest rates and the frequency of the loan.

[2009/05/24]
– The bug fixes have been applied to this update.

* NEW BETA *
1.0.1:
* Bug fix.

* NEW BETA *
1.0.0:
* Bug fix.

* NEW BETA *
0.9.5:
* Bug fix for the frequency of the loan.

* NEW BETA *
0.9.4:
* Bug fix for the initial installment.

* NEW BETA *
0.9.3:
* Bug fix for the initial installment.

* NEW BETA *
0.9.2:
* Bug 70238732e0

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