Financial Tools

Description

Financial Tools provides 3 quick and easy tools to calculate auto loan or mortgage payments, early loan payoffs and savings plans.

Can’t afford to pay cash for that $5,000,000 beach house? No problem - the Loan tool supports loan amounts from $1,000 up to $10,000,000. Terms can range from as short as 3 months to as long as 50 years. Tap the Schedule button to see an Amortization Schedule by year.

Did you know that paying just $10 extra each month on the average mortgage ($150K) could save almost $4,000 in interest? Just tap a few numbers into the Payoff tool and find out what you could save.

We all want to save money, but lately some of us find ourselves pulling a little out to meet the monthly expenses. How long will your current savings last if you take out $50 a month? Just put a negative deposit amount in the Savings tool and find out. When times are better, deposit $150 a month and see what you will have in 10 years.

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Version 1.2
Change: interest rate data entry has been changed to always show the value as a percentage instead of changing to a decimal value after initial entry.

Change: savings has been simplified to use daily interest compounding and monthly interest payments as is done by most US bank savings accounts.

Fix: interest on savings is now being computed correctly for small balances and/or interest rates.

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Screenshots

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Required Capabilities

    More info / Source

    Web Marketplace

    Financial Tools icon

    v1.2.0.0 Free

    Download

    Publisher

    App Category

    Finance

    Rating

     86%

    Rated by 10 people

    Size

    1.78 MB Installed
    868 KB Download

    First Published

    Last Updated

    Languages

    • English (All)
    • English (United States)

    Markets

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