This is the international version of the best selling Norwegian True iLoan Calculator.
The only financial calculator that include all the costs in the calculation. Fast - with very few keystrokes it calculates the monthly payment for all type of loans. All calculations are done independent of currency.
With the intuitive user friendly interface - loan calculations becomes easy and straight forward.
THE FEATURES:
- Very easy to use
- It calculates mortgage loans
- it calculates credit card loans
- It calculates auto/car loans
- Calculation of True rate
- Loan details and payment schedule can be communicated by using email
- Gives overview of the monthly...
This is the international version of the best selling Norwegian True iLoan Calculator.
The only financial calculator that include all the costs in the calculation. Fast - with very few keystrokes it calculates the monthly payment for all type of loans. All calculations are done independent of currency.
With the intuitive user friendly interface - loan calculations becomes easy and straight forward.
THE FEATURES:
- Very easy to use
- It calculates mortgage loans
- it calculates credit card loans
- It calculates auto/car loans
- Calculation of True rate
- Loan details and payment schedule can be communicated by using email
- Gives overview of the monthly costs
- Gives overview of total cost, total interest and the payment schedule for the whole lifespan of the loan
- Very easy to simulate different scenarios, by changing rate, cost and down payment period
- Calculation can done in every currency (independent)
- Can select different loan types; serial and amortizing (level payment)
- Save all your loans as favorites, no need to retype the loan details
- Calculates loan with payment length up to 40 year (480 terms )
HOW TO FIND THE BEST LOAN.
How can you find the best loan? The only way is to compare the true rate. The true rate take into account all the costs; the initial cost, the term cost and the interest. The rate - the nominal interest rate - given by the lending institutions tells only part of the story. In order to compare – all the cost of the loans lifespan should be included. This loan calculator does exactly this.
You can effectively communicate with your finance advisor. The true rate will tell which loan that is the best. Calculate on the fly whilst discussion with your bank - either on telephone or during a meeting.
It can calculate both serial and amortizing(level payment) loans. Hence, loans for car and mortgage loan can be calculated, as well all other loans.
Communicate the loan details and the down payment schedule by type in email and push send – for example to another bank for getting a better offer.
Likewise you can send an email with all the loan details to your self for your records.
The Favorite tab will hold all your loans, these can be changed at a later stage. Details such as new rate, lower cost, and number of terms are very easy to change.
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If you want to test the Calculator, please try the free version True iLoan Calculator, FREE
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iOS 4.0 tested.
