Simple-model Loan Calculator

Version 3.2 lets you compare two saved loans. ■ Compare two plans Pick two loans from your history, and the app tells you in plain words how they differ in first monthly payment, total interest and payoff date, for example "Bank B's total interest is $12,000.00 less than Bank A's." A side-by-side table of amount, rate, term and results and a chart of both balances over time are shown too. Open it with the compare button at the top right of the History screen. Loans can be compared only when they use the same currency. ■ Name your saved loans Give a saved loan a name such as "Bank A variable" or "Fixed-rate plan" so it is easy to find in your history and in comparisons. Touch and hold a row in your history and choose Rename. ■ See the schedule as a chart Switch between Table and Chart at the top of the amortization schedule to see how much principal and interest you repay each year and how the balance goes down. ■ Export the schedule as CSV Use the share button at the top right of the schedule to save or send it as a CSV file that opens in Numbers or Excel. The file is created on your device, and the app never sends it anywhere. ■ A short guide for first-time users On first launch, the app introduces the repayment schedule, history, currencies and bonus repayment. You can see it again at any time from How to use this app on the About this app screen. ■ Multiple windows on iPad Calculate a different loan in each window and view them side by side. Your history is shared across all windows. ■ Better accessibility VoiceOver now announces results and input errors, the app looks clearer with Differentiate Without Color and Increase Contrast turned on, and buttons are easier to tap. Charts support VoiceOver Audio Graphs. The calculations themselves are unchanged from previous versions.