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Version
1.2.0
Size
5.49 Mb
Updated
3 years ago
Released
12 Jun 2014
Screenshots
Description
Do you want to pay your loans off early and save on interest payments? This app will show you how much money you save AND how soon you will clear your loan under various prepaying scenarios. These prepaying scenarios include:
- paying extra over the normal monthly payment
- paying twice a month (bimonthly)
- paying every two weeks (biweekly)
- paying weekly
- paying extra over the normal bimonthly payment
- paying extra over the normal biweekly payment
- paying extra over the normal weekly payment
- paying off loan in shortened time
Loan prepayment scenarios can be calculated for many different loans. Therefore, you can add many loans in this app such as your house loan, car loan, personal loan, or home equity loan and evaluate prepayment scenarios for each of them.
The different payment amounts are also calculated for each of these prepayment scenarios. The app calculates savings for the above scenarios by using:
- any additional amount that you wish to make
- any starting month to make the additional payments
- any ending month to stop the additional payments
In other words, the effect of the additional payments can be evaluated when they are made over the life of the loan or for a certain number of months.
For definitions on what the various terms mean, double-tap on the label.
Estimates
Availability
Devices
iPhone4
iPad2Wifi
iPad23G
iPhone4S
iPadThirdGen
iPadThirdGen4G
iPhone5
iPodTouchFifthGen
iPadFourthGen
iPadFourthGen4G
iPadMini
iPadMini4G
iPhone5c
iPhone5s
iPadAir
iPadAirCellular
iPadMiniRetina
iPadMiniRetinaCellular
iPhone6
iPhone6Plus
iPadAir2
iPadAir2Cellular
iPadMini3
iPadMini3Cellular
iPodTouchSixthGen
iPhone6s
iPhone6sPlus
iPadMini4
iPadMini4Cellular
iPadPro
iPadProCellular
iPadPro97
iPadPro97Cellular
iPhoneSE
iPhone7
iPhone7Plus
iPad611
iPad612
iPad71
iPad72
iPad73
iPad74
iPhone8
iPhone8Plus
iPhoneX
iPad75
iPad76
iPhoneXS
iPhoneXSMax
iPhoneXR
iPad812
iPad834
iPad856
iPad878
iPadMini5
iPadMini5Cellular
iPadAir3
iPadAir3Cellular
iPodTouchSeventhGen
iPhone11
iPhone11Pro
iPadSeventhGen
iPadSeventhGenCellular
iPhone11ProMax
iPhoneSESecondGen
iPadProSecondGen
iPadProSecondGenCellular
iPadProFourthGen
iPadProFourthGenCellular
Pricing by country
| Country | Price |
|---|---|
| Canada | 4.99 CAD |
| China | 28 CNY |
| France | 3.99 EUR |
| Germany | 3.99 EUR |
| Italy | 3.99 EUR |
| Netherlands | 3.99 EUR |
| Portugal | 3.99 EUR |
| Spain | 3.99 EUR |
| Poland | 1.09 EUR |
| UK | 3.99 GBP |
| India | 399 INR |
| Japan | 600 JPY |
| Korea, Republic Of | 5500 KRW |
| Poland | 19.99 PLN |
| Russia | 349 RUB |
| Turkey | 129.99 TRY |
| USA | 3.99 USD |
| Korea, Republic Of | 4.39 USD |
| Ukraine | 4.99 USD |
