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Loan & Interest Calculator

Loan & Interest Calculator

Category: Finance
Updated: Aug 28, 2024
Developer: RK Apps
Package Name: com.rkayapps.compoundinterestcalculator
  • 4
  • 276 Votes
  • 8.0 Version
  • 4.70M Size

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Loan & Interest Calculator Screenshot1
Loan & Interest Calculator Screenshot2
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Introduction

The Loan & Interest Calculator App is a must-have tool for anyone looking to manage their finances effectively. With three different calculators, this app offers a comprehensive range of features to help you make informed decisions about your loans and investments. The Loan Calculator allows you to input various values and calculates the missing one, making it easy to budget and plan for your future. Additionally, the app includes Simple and Compound Interest Calculators, which enable you to track the growth of your investments and make informed decisions about your money. With an elegant design and easy-to-use interface, this app is suitable for all users, no matter their financial knowledge or location. Start saving time, effort, and money with the Loan & Interest Calculator App today!

Features of Loan & Interest Calculator:

1) Multiple Calculators: The app offers three different calculators - Loan Calculator, Simple Interest Calculator, and Compound Interest Calculator. This provides users with a variety of tools to assist with their financial calculations.

2) Reverse Loan Calculations: Users can input three out of four values (Loan amount, Interest rate, Loan term, and Monthly repayment) and the app will calculate the missing value. This feature is useful for those who need to determine specific loan details.

3) Additional Features: The Loan Calculator includes features such as pre-payments, interest rate changes, loan offset accounts, repayment holiday calculations, and tracking loan expenses. These extra features enhance the app's functionality and make it a comprehensive tool for financial planning.

4) User-Friendly Interface: The app has an elegant material design theme and is easy to navigate with tabs. It is designed to be user-friendly and suitable for both phones and tablets.

FAQs:

1) Is the app available for both Android phones and tablets?

Yes, the app is compatible with both Android phones and tablets.

2) Can I save my loan calculations for future reference?

Yes, the app allows you to save your loan calculations for easy access later.

3) Is the app suitable for people from all countries?

Yes, the app is generic and can be used by people from all countries.

4) Do I need prior finance knowledge to use this app?

No, the app is designed to be user-friendly and does not require prior finance knowledge.

5) Can I use the app for financial planning and budgeting?

Yes, the app can be used for investments, financial planning, budgeting, accounting, studies, research, and more.

Conclusion:

The Loan & Interest Calculator app offers a range of attractive features that make it a valuable tool for financial calculations. With multiple calculators, including a loan calculator, simple interest calculator, and compound interest calculator, users have access to a variety of tools to assist with their financial planning. The app's user-friendly interface, additional features such as reverse loan calculations and loan expense tracking, and the ability to save calculations for future reference, make it a comprehensive and convenient app. Whether you're an individual, a financial planner, an accountant, a broker, a student, or a research analyst, this app can help you make informed financial decisions.

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