great app! this calculates the payment schedule based on the loan info (principal, interest rate, terms) and accounts for extra payments. allows one to select reoccurring extra payments and specify a range of dates those extra payments will be made. the results are tabulated, detailed tabulated and my fav, a chart! the chart shows the outcome of the 4 scenarios vs years: regular payments, reg payments+ extra, interest paid w/o extra payments and interest paid with extra payments! app really allows one to plan out their finances better if you r looking to get ahead. love it! there are other finance features but i am not a finance guru so i like to keep it simple.
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