Loan Amortization Calculator

RedTracker LLC

Contains ads

About this app

Simplify your financial decisions with Loan Amortization Calculator. This powerful app helps you break down loan payments, estimate interest and principal over time, and explore how extra payments can reduce the total amount you pay.

Whether it's a mortgage, auto loan, or personal credit, this app gives you a clear view of your financial obligations.

How it works:

- Easy Input: Enter your loan amount, interest rate, term, extra payments (optional), and payment frequency.

- Detailed Results: Instantly view your monthly payment, total interest, total repayment amount, and a full amortization schedule.

- Share & Save: Export your results or share your schedule with others.

Take control of your payments, understand your loan structure, and save money with smart planning.

Ratings and reviews

App is good, but such an overwhelming number of ads I couldn't keep using it. It was seriously playing an add almost every time to clicked a button or made the slightest changes to my calculations. I understand the need for some ads but it can't be so many as to make the app unusable.

A good app but I wish there was an option to work backwards. for instance where client has indicated how much they want to pay per month but they don't know the time to spend.

I entered a loan with a 360 month term paid back monthly and got an amortization schedule for 10 payments. Every time you go back to the loan information screen you get an ad.

What’s new

Performance improvements and bug fixes.

Enjoying the app? Please leave a review!