Loan Abacus app for iPhone and iPad

4.4 ( 3424 ratings )

Utilities Finance
Developer: Jerzy Szwagrzyk

Free

Current version: 1.2.1, last update: 7 years ago
First release : 14 Jun 2015
App size: 19.02 Mb

This free financial calculator computes loan payment given principal, interest rate and loan term (length). You can calculate any loan variable given the other three. That is useful in finding the monthly payment, APR, interest-only payment, total interest paid, or the effects of principal prepayment.

The current version only supports fixed-rate monthly installment loans.