Calculate monthly loan payments and interest accurately. This tool uses the standard amortization formula to provide precise financial insights for your loans.
1.2
November 2, 2014
This app has been updated by Apple to display the Apple Watch app icon. Updated for iOS 8, 4", 4.7" and 5.5" iPhones. Added language support for Chinese and Russian. Moved iAd to the bottom of the screen.
MoreMonthly Payments uses the standard amortization formula, a widely accepted method for calculating loan payments and interest over time. This ensures accurate financial projections for your loans.
To use Monthly Payments, you will need the total loan amount, the duration of the loan in months, and the annual interest rate as a percentage.
Yes, Monthly Payments is completely free to download and use. There are no hidden costs or in-app purchases required to access its full functionality.
No, Monthly Payments does not contain advertisements. You can use the app without any interruptions from ads.
Monthly Payments is designed for iOS devices, including iPhone, iPad, and iPod. It is optimized for a seamless experience across these platforms.
The app was last updated on November 2, 2014, with version 1.2. While updates have not been frequent recently, the core functionality remains stable.
Monthly Payments has an age rating of 4+, making it suitable for users of all ages. It is a straightforward financial tool with no mature content.
Based on the available data, Monthly Payments has received a perfect 5.0-star rating from 2 users, indicating a highly positive user sentiment.
