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Quick Loan

  • #: 10112
  • Price: $5.99 In Apple Store
  • Category: Business
  • Updated: 2010-03-16
  • Current Version: 1.1.1.0
  • 1.1.1.0
  • Size: 0.10 MB
  • Language: English
  • Seller: Rustic Creek LLC
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.1.2 or later
  • © 2010 RusticCreek LLC
  •  Add to Favorite apps

 

Description

This application is a great resource for calculating a monthly payment on a loan. It leaves out all the advanced reports and options. Just enter the basics:

Down Payment

Loan Amount

Number of Years to pay off the loan

Interest

Then just click calculate to get the monthly payment.

It is a great tool for verifying your payment amount for mistakes on the lenders paperwork before you sign a legal binding document that holds you responsible.

Additionally it is great if you are thinking about obtaining a loan for a car, house, boat, business or anything else you may be anticipating.

Remember that with many loans, tax total and licensing may, in some cases, be able to be put into the loan. Be sure to add those numbers to the loan amount prior to calculating. For example if the sticker price or Manufacturers Suggested Retail Price ( MSRP ) is $23, 000 then add about $7000 for tax and registration in understanding that your monthly payment will actually be based on a $30, 000 loan rather than a $23, 000 loan. You may want to check with local municipals like the city, county and state where you are intending to obtain a loan or make a purchase.

What's New in Version 1.1.1.0

Per our major vendor:

Rows should be
Total Price i.e. $100,000
Down Payment $20,000
Total Loan (automatically calculated)
Years (toggle to months as a radio button for car loans) 4
Interest rate 3%
PI Payment (automatically calculated)

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The information may be outdated (2011-03-27 09:41:20). For actual information go to iTunes

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