While shopping for that new car or house, LoanTools is a quick way to calculate loan costs while on the road. Simply enter in the loan details and LoanTools calculates your monthly fixed payment, how many payments, your total interest costs, and the total principal plus interest. Try calculating different loan's with varying down payments. Instantly see if it would be worth putting down more money on the loan or just investing that money elsewhere.
Need to print out an amortization table for your car or house loan? LoanTools will display your loan's amortization table with payment number, year, month, payment, interest, principal, and remaining principal balance. You can save the table in xml format on your device in any folder, compact flash card, or secure digital card. The loan amortization start date can be between 30 years in the past to 30 years in the future. Transfer the xml file to your desktop and open it in Excel for printing or anything else you can think of.
See how your savings will grow at different rates. Simply enter the amount to open your account, the annual interest rate, and the years to save. Tap the calculate button and instantly view the future value and the total interest paid to you!
Want to retire with $1 million dollars? With LoanTools, you can easily work out how much you will have to save each month over a fixed time period to retire with the value you are desiring.
Thinking about investing hard earned money and want the greatest APR for your dollar? LoanTools can show you instantly what annual percentage your investment will return to you. Optionally, calculate APR return with yearly asset appreciation and/or asset depreciation included. You can even figure these in your own tax bracket!
· Pocket PC 2002/2003 Windows Mobile 2003