Amortization Calculator is your ultimate tool for managing loans and understanding your financial journey. Whether you’re a homeowner, student, or business professional, this powerful app provides you with a comprehensive way to calculate, track, and visualize your loan payments. Take control of your finances and make informed decisions with ease!
Key Features of the Loan Amortization App
Accurate Loan Calculations: Easily calculate your monthly loan payments to understand the financial impact of your borrowing.
Detailed Amortization Schedule: Visualize your loan journey with a monthly amortization schedule. Understand how each payment contributes to your principal and interest amounts.
Visual Charts: Dive deeper into your loan data with visually stunning charts. Gain insights into the monthly paid interest, monthly paid principal, and reducing balance over time.
Multiple Loan Types: Support for various loan types, including mortgages, car loans, personal loans, and more. Tailor the calculations and charts to match the specifics of your loan.
What-If Scenarios: Explore different scenarios by adjusting loan terms, interest rates, and payment amounts. Get a clear picture of how changes affect your overall loan repayment strategy.
User-Friendly Interface: Intuitively designed with a clean and user-friendly interface. Effortlessly navigate through different sections and input your loan details without any hassle.
Empower yourself with the Amortization Calculator and gain a deeper understanding of your loan payments, interest rates, and overall financial health. Take charge of your financial journey and make informed decisions to achieve your goals faster.
Visualize and get a detailed month-by-month loan amortization schedule for all your loans.
Step 1. Download and Open the Loan Amortization Calculator App
The Amortization Calculator app is available on the Apple App Store.
Step 2. Enter the details of the loan – loan amount, interest rate, and loan tenure (in years and months)
Step 3. Once the details are filled in, hit the ‘Calculate’ button to see the results.
Step 4. Toggle the switch “Show Amortization” to view the Amortization Schedule Table
The loan amortization schedule table shows four columns – month, interest paid, principal paid back, and the outstanding balance on the loan.
Step 5. Scroll down below to view the Amortization Charts
The Amortization Calculator app will generate charts to visualize the monthly payments and split that into interest paid and principal paid back every month.
The Amortization Calculator app will also generate a graph to visualize how the outstanding balance on the loan reduces over time.
How To Give Feedback on The Loan Amortization App
If you have any feedback or feature requests, do not hesitate to reach out to us via email at firstname.lastname@example.org.
If you use the app and love it, it would mean the world to us if you can leave your rating and review of the App Store 🙂
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