LoanPay is a powerful and flexible amortization application designed to figure out how quickly a loan can be paid down to 0. LoanPay provides the following features:
- NO BANNER ADDS -
1) Uses the slider for rapid entry of numbers without a keyboard.
2) Real time dual axis plots of 10 different loan parameters.
3) Up to 4 interest rate adjustments.
4) Scheduled payments against the principal.
5) Arbitrary payments against the principal.
6) LoanPay is a Universal App with both iPad and iPhone layouts.
If you are interested in seeing just how small extra payments against your principal impact the cost and life of a loan, LoanPay is the the perfect app.