The Simple Loan Calculator Premium
offers these features over the free version
1. Should I refinance calculator?
2. Simple Interface with automatic calculation
3. No advertisements
4. Large amortization table access
Enter in the values for your loan and this calculator will calculate the payment. Additionally you can enter in a payment you are comfortable with and the calculator will find how much you can afford. The loan can be for a home loan, and car loan, or any other simple loan with monthly payments. All you have to do is enter in the amount borrowed, the interest rate, and the length of the loan. Keep in mind, your monthly payments should be within a comfortable range of your monthly income, for example 30%. We have additionally included an amortization table display so you can see how much you are paying each month in interest and principal.
CAUTION: Do not rely on the results from this calculator to make financial decisions. Interest rates vary and the tax laws change regularly.
Reviews from the Free Version:
"Quick and easy, I need some fast version so this is really good."
"This app was really helpful when my wife and I were driving around looking for a house. Our relator was always trying to get us to buy a bigger house saying we could afford it. Yeah right, maybe if we were eating dirt! It was helpful to be able to calculate what our payments while we were looking for a place. The second page was helpful to see what price I could afford with payments I was comfortable making" Matt Col
"Useful and Handy Tool, when you look for a house, this is very convenient!!! Nice!" -- Colorful Sean In New York