An application for quick calculation of credit payments, as well as deposits. With the help of the loan calculator, you can make a quick calculation of credit payments on consumer loans, car loans, mortgages, etc.
With the help of this loan calculator, you will be able to calculate payments for two main types of loan payments – annuity and differentiated. In addition, you will be able to view the payment schedule for a loan with a differentiated payment. A distinctive feature of this loan calculator is the calculation of the effective interest rate. The effective interest rate is a rate that takes into account not only the interest on the loan, but also the hidden fees used by the bank. You will be able to find out how much a 0% loan, so widely advertised by banks, really costs.
With the help of the deposit calculator, you will be able to calculate the interest and yield on the deposit based on deposits with compound interest.
- Without capitalization;
- Capitalization 1 time per month;
- Capitalization 1 time per year.
Compounded interest (compound interest rate) is the assignment of interest income to the main deposit with further accrual of interest on the increased amount of the deposit. The latest version of the financial manager Calculation of the Loan and Deposit download for android.