loanPad
  • Version:
  • Last Updated:
  • Total Downloads:
  • 1.3.1
  • January 14, 2009
  • 2
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The loanPad is the most accurate and feature rich Loan calculator in the iTunes app store (regardless of price). Compare the following list and I think you will agree!

-Enter and save any type of loan e.g. loans that pay interest only, bi-weekly, monthly, quarterly, semi-annual, etc...see our web-site for examples.

-Compare loans at any date (see screenshot) the 80-10-10 verses the 30 fixed with PMI is a real eye opener.
Compare:
-one loan to one loan
-one loan to two loans
-two loans to two loans

-Spread closing costs over the life of the loan

-Change the interest rate in any of a loan’s payment periods e.g. For a five year ARM go to period 61 in the payment schedule and adjust the period’s rate to the new rate. loanPad will apply the new rate to the remaining periods...

-Apply a prepayment in any of a loan’s payment periods

-Adjust PMI rates for the type of loan entered

-Choose any Start Date

-Calculate totals to any period within a loan’s schedule. Just tap the period and the totals to that period will be displayed

-Email a loan to a desktop

-Numbers are formated relative to the system’s international setting

-Supports Portrait and Landscape Views

(see our web-site)