Loan Calculator Pro

4.7
84 reviews
1K+
Downloads
Content rating
Everyone
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About this app

This is the paid version of "Loan Calculator" App. The only difference from the free version is that the Ads have been removed.


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 interest 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:

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

* No prior finance knowledge required

* Helps you to 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

* Heaps of features at very less price

* No Ads or In-app purchases


DISCLAIMER:
Kindly consider this calculator as guidance only. Investors are required to make their own assessment before investing.
Updated on
Aug 8, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
No data shared with third parties
Learn more about how developers declare sharing
No data collected
Learn more about how developers declare collection

Ratings and reviews

4.8
79 reviews
Marta K
May 11, 2023
Great little app that lets you see the effect of changing various parameters on a loan (extra payments, changes in interest, fluctuations in offset accounts etc etc). Nicely flexible inputs and useful outputs in the form of summary info, tables and graphs; and fast. Really helpful to understand how to optimise repayments. So good I was happy to pay for the pro version. A fortnightly repayments option would be nice.
17 people found this review helpful
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RK Apps
May 13, 2023
Hi Marta, Thank you so much for purchasing the Pro version and supporting further developments. Glad to hear that you are finding the App very useful. We'll include fortnightly repayment option in future releases.
E. Torch.
November 22, 2022
Love this little app! Very simple and straightforward. The interface is easy to understand, so there's no learning curve. You can save different loan calculations to compare later, so you don't have to enter the same figures over and over for projections you use frequently. Highly recommended!
12 people found this review helpful
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RK Apps
November 29, 2022
Hi, Thank you so much for purchasing the Pro version and supporting further developments. Glad to hear that you are finding the App very useful.
A Google user
February 7, 2019
I attribute purchasing my first home due to the research I was able to independently do with this ap. Sure there is more you need to know, but this was an essential part of modeling how what I thought had become out of reach could be done. so thanks again!!! Now I am using it to see how much I can save by shifting payment timing, and the significance of extra repayments. One improvement would be a weekly option in the extra repayments, this is a great way to beat banks daily intrest calcs.
261 people found this review helpful
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RK Apps
February 11, 2019
Dear User, Thank you so much for purchasing the App and supporting further developments. I am glad to hear that you are finding the App very useful. Also, nice to hear that you have explored the Loan Advanced calculator. I'll include "weekly" extra repayments option in future releases.

What's new

(1) Upgraded Android OS and other related system components to their latest versions

(2) Minor improvements

(3) Fixed minor issues

(4) This App has completed 9 years in July-2023. Thank you so much for your support!