iLoan Calc (Loan calculator)

ボーナス払い・繰上げ返済対応のローン計算機

Published by: Natsu
Downloads
Revenue

Description

iLoan Calc is a loan simulator application where you can setup your own details.
You can calculate not only your mortgage but also your car loan or other loans.
[Simple user interface]
It's very simple to use. You can see your loan to be setting up 4 basic entries: Total loan amount, Interest rate, Term and Payment method.
[Detail settings]
Detail can be added as needed. For example, bonus payment, accelerated repayment and so on.
[Loan simulation]
iLoan Calc calculate your loan exactly. If both the repayment start date and the borrowing date are set, daily interest is calculated.
[Comparison]
You can compare between loans with different settings. Moreover, the comparison with/without accelerated repayment is also available. This allows you to check the effect of accelerated repayment easily.
[Main features]
- Calculation of each amount:
- monthly payment
- bonus payment
- yearly payment
- total payment
- total interest
- percentage of interest allocation, etc.
- Show the amortization schedule, export as a CSV file.
- Show graphs (historical graph, comparison graph)
- Comparison:
- compare with/without accelerated repayment
- comparison between data
- Save data
- Calculate the loan amount using a subsidiary calculation function:
- from desired repayment amount
- annual income
[Settable entries]
- Loan amount
- Interest rate and type (Fixed, Fixed multi-step, Variable)
- Loan term
- Payment method (Principal equal, Interest equal)
- Bonus payment
- Accelerated repayment (Reduce the total term, Reduce the monthly payment)
- Various cost (Fees, Taxes, Insurance etc)
- Starting date
- Starting age
- Borrowing date
[Notes about calculation]
- 5 year rule, 125% rule
Amount of monthly payment is revised once every 5 year when you setup variable interest rate (5 year rule). The maximum amount of payment after the adjustment is 1.25 times more than the original amount (125% rule).
- Accelerated repayment with reducing total term for the bonus payment
If you accelerate repayment by reducing the total term, the reduced term is every 6 months (if you select twice a year bonus payment) or 12 months (if you select once a year bonus payment).
* iLoan Calc is an application that allows you to calculate various amount of a loan.
Please note that the results on this application gives a guideline and does not necessarily correspond to the results of financial institutions.
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Category Rankings
Chart
Category
Rank
Top Paid
3
Top Paid
19
Top Paid
30
Top Paid
53
Top Grossing
90

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App Info

Category
Finance
Publisher
Natsu
Languages
English, French, Japanese
Recent version
8.0 (2 years ago )
Released on
Sep 4, 2009 (15 years ago )
Last updated
2 days ago