Loan Calculator

RK Apps

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About this app

This App offers the following calculators for both Android Mobile Phones & Tablets.


(1) Loan Calculator (Mortgage Calculator)

(2) Advanced Loan Calculator (Advanced Mortgage Calculator)

(3) Compound Interest Calculator (Future Value Calculator)

(4) Simple Interest Calculator


LOAN CALCULATOR - FEATURES:

* Reverse Loan calculations (find out one of Loan amount, Interest rate, Loan term or Monthly repayment given the other 3 values)

* Make Pre-payments (Extra Repayments) and find out interest savings, loan term reduction

* Input Interest rate (%) changes and find out impact on monthly repayment, loan term

* Loan Offset Account saves the interest you pay. Helps to pay off loan faster

* Repayment Holiday (interest only) period calculations

* Track various Loan expenses such as Fees, Insurance, Tax, Maintenance charges, etc

* Save loan calculations


COMPOUND INTEREST CALCULATOR - FEATURES:

* Calculates positive & negative amounts

* Calculates simple and compound interest for lump sum deposit/withdraw, regular deposit/withdraw & both

* Various deposit/withdraw frequencies - Daily, Weekly, Fortnightly, Monthly, Bi-Monthly, Quarterly, Thrice-Yearly, Half-Yearly & Yearly

* Ability to increase or decrease the regular Deposit/Withdraw amount every year by a certain amount or percentage

* Ability to specify a particular Term (duration) for regular Deposit/Withdraw irrespective of the Total Term

* Various Compounding frequencies - Daily, Weekly, Fortnightly, Monthly, Bi-Monthly, Quarterly, Thrice-Yearly, Half-Yearly & Yearly

* Positive(+) or negative(-) Interest Rate (%) helps in calculating Profit or Loss scenarios

* Displays Maturity Amount, Total Amount Deposited & Total Interest Earned

* Yearly and Monthly reports in a tabular format show how your investments are growing

* You can E-mail both yearly and monthly reports

* You can visualise results through intuitive Graph & Chart

* Contains in-built User Guide

* Handles very large numbers


USER INTERFACE FEATURES:

* Elegant Material Design Theme

* Easy to use interface with Tabs

* App works on Phones & Tablets

* Basic & Advanced calculations modes

* Calculates in no time

* Light weight & loads quickly


BENEFITS TO USERS:

* FREE App (100% full features)

* App is generic and it is suitable for people of all Countries

* No prior finance knowledge required

* Helps you take informed decisions about your finance

* Saves you a lot of time, effort & money

* Used for investments, financial planning, budgeting, accounting, studies, research & more

* Suitable for individuals, financial planners, accountants, brokers, students, research analysts, etc


DISCLAIMER:
Kindly consider this calculator as guidance only. Investors are required to make their own assessment before investing.