About Loan Payment Calculator
This app is meant to help you visualize just how long it will take to pay off loans the way you want to!
To start, all you need to enter is how much you still have to pay off on the loan, and the interest rate on the loan. Secondly, there are 2 options you can choose:
1) The first option allows you to pick a date. This is the date that you want the loan to be paid off by, and the app will generate a monthly payment for you to meet that goal.
2) The second option allows you to choose a monthly payment that you want to make, and the app will determine approximately how long it will take you to pay off your loan.
All of this information is displayed on a new page, which will also show you how much money you'll be paying in interest over the course of the loan.
Disclaimer: This app will not pay your loans for you, and is only meant as a visualization tool to give you an idea on how long it will take to pay off loans (and with approximately how much interest accumulated).
Never Miss An Update!
Follow Android Blip on Facebook / Google+