Loan Calculator at Mac App Store analyse

On the first calculation I did, the loan ended with a -$0.45 balance. Why would it do this? The math isn’t quite right in this program. A calculator that gives the wrong answer is not a useful calculator.

Cheap and does what it says.

In the old application by Jim Massey you could put in Loan Amount, interest rate, # of payments per year, Payment amount and click on loan length to see how many years to pay off. You could solve for Loan Amount, Interest Rate, Years or Payment. It was a much better program

Dont really need anything more.

this is a nice and simple app. 2 things missing: 1. effects of adding extra payments per year and/or extra for principle. 2. as mentioned earlier... finding the number of months left on a loan.

I have a 6 month loan so I put .5 in the loan length (yrs) and the calculator worked great, but will not export to CSV file. The export works for integer Loan Lengths though. This is a minor glitch that you should probably fix.

Feel kinda dumb for actually buying this because I could have got it for free on google. It is the simplest loan calcultor there is. If you were able to add an extra payment column, then I would have given it a better review. It’s the simplest of simple….