Editors' Note: The download button opens the iTunes App Store, where you may continue the download process. You must have iTunes installed with an active iTunes account in order to download and install the software. This download may not be available in some countries.
*****The best loan calculator on the App Store!"When you look at how extra payments reduce the months owed, you'll realize how fabulous this app is.""This app is a must have for anyone who is car shopping, loan shopping or likes to stay on top of their credit.""EVERYBODY should have this app. It is terrific!!!""This is exactly what I was looking for." Featured on Apple's "iPhone Your Life" website One of Mint.com's "10 iPhone Finance Apps that Count"*****If you're looking to borrow money, organize your current loans, or start paying your loans off early, Loan Shark is the perfect app for you!Loan Shark lets you calculate any type of loan and then analyze the principal versus interest over time.Did you know that the average home pays nearly 50% interest? With Loan Shark, you can see this and more!Features:- Calculate any component of a loan, including payment, interest rate, or loan amount- See the full Amortization Table for the loan's lifespan- See the effect of making an extra payment per year- Save loan figures for comparison shopping or examining different loan scenarios- Uses your local currency (as set in the iPhone General preferences)- Semi-annual interest for Canada and other countries- Email your loan information and a CSV export of the amortization tableGreat Uses:- Enter loans from different banks and save for later comparison- Calculate how long it will take to pay off credit cards- Determine how much in interest loans are costing you- Track the progress of your mortgage- Business loans, home loans, car loans, and more!Feel free to contact us at our website (foggynoggin.com) with suggestions, comments, praise, or problems.
What's new in this version:
Updated format of shared loans.