After having innovated in 2010 with the unique calculation form, this application again offers an unparalleled tool on the Play Store to simulate a complete financial project by progressively varying its components:
■ Property price
■ Down payment
■ Agency fees
■ Improvement costs
■ Bank fees
■ Various costs
■ Mortgage insurance
■ Effective Rate
As all fields are linked, you can refine your project by trial and error. Some examples among many possibilities:
■ Modification of the monthly payment → Impact on the amount borrowed, the price of the property, the improvement costs, etc.
■ Modification of the property price → Impact on agency fees, financing, etc.
■ Change in initial fees → Impact on other fees or financing
■ Change in bank or insurance fees → Impact on effective rate
Suitable for all types of loans: mortgage loan, car loan, …
Please report potential issues at email@example.com.
■ Works on mobile and tablet
■ Access rights: Internet for ads and usage statistics
■ Very small application that can be installed on the SD card
■ Can operate without internet access
■ Effective rate calculations are based on initial and recurring bank fees. Bank calculations may vary slightly.
■ By installing this application, you agree to the following conditions: the information provided by this application is without guarantee of accuracy; it is up to the users to validate them by themselves. The author can not be held responsible for the use or consequences of the use of this application.