Nice to have a simple interest loan calculator
I just wish it would recognize that my iPad is in portrait mode when I open it instead of having to click into other menu areas in the app and then back to the calculator…..
Amortization statement
I would like to be able to enter the date of the first payment and the statement would show the date of each and every payment.
Best I’ve tried but room for improvement
The reason that I got this app was because I wanted to be able to see the effect on my mortgage of making extra payments both for motivation and to weigh what was worth doing. Of the apps that I have tried, this one does that the best. However, I have a few suggestions/requests.
1. In addition to the monthly and yearly extra payment, add a one time extra payment option. For example, what is the benefit if I put my tax return or bonus toward my mortgage.
2. Allow previous extra payments to be saved showing how much benefit there has already been from the extra payments I have made.
3. Allow a start date to be set so you can look and see where you are in your progress instead of just seeing numbered payments.
4. (Optional) Add the ability to set a target end date and calculate how much to pay each month to reach that goal.
Thanks for the app and I hope it continues to get better.
1. In addition to the monthly and yearly extra payment, add a one time extra payment option. For example, what is the benefit if I put my tax return or bonus toward my mortgage.
2. Allow previous extra payments to be saved showing how much benefit there has already been from the extra payments I have made.
3. Allow a start date to be set so you can look and see where you are in your progress instead of just seeing numbered payments.
4. (Optional) Add the ability to set a target end date and calculate how much to pay each month to reach that goal.
Thanks for the app and I hope it continues to get better.
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Bill
This is the BEST loan calculator app out there. Most online sites burden you with trying to sell you a mortgage. This just tells you what you want to know.
Easy
Easy and quick. Nice little app.
