Loan Calculator 3.3.0.0
Having all the computations ready at hand for analyzing the payment and interest related details for loans is of the utmost importance and there are many specialized tools that could come in handy. For Windows Phone users, a utility like Loan Calculator could take care of all the necessary calculations on the spot.
Uncomplicated interface, with a smart structuring of the content
This application has a less attractive look, as it is focused entirely on practicality and the graphics are as basic as they can get. The only patch of color you can enjoy inside this GUI is inside the "Graphs" area, where the principal and interest values of the loan are on display.
Going from one section of the app into another is smooth and without lags, but there is a visible nuisance that will follow you around and it is related to the presence of the advertisements that seem to be glued to the bottom of the screen, where they change continuously.
Fast loan and mortgage calculations
This utility is ready to carry out payment and loan amount computations with a couple of taps, so as soon as you finish adding the necessary data you can tap the "Calculate" button to see the results. Loan Calculator can also be used for mortgage calculations and you have to go to the "Settings" area to activate this function.
An amortization table is available and it is organized by years and contains all the details, like interest and principal values, the total payment amount per month and the balance.
View the preponderance of the interest and share the data on the fly
With this app you can check out how much of the interest you have to pay each year and this is represented graphically in the form of a neat chart. The chart also illustrates the amount of money from the principal of the loan that is compensated yearly.
In case you want to share the loan details with someone, there is a feature dedicated to this task and it allows you to send the information via SMS, email or social networks. Unfortunately, accessing this function may crash the app on some occasions.
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0/5
Hits & Misses
hits
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misses
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Bottom Line
Design / UI5
The front-end is lacking visual appeal and only the practical aspects save it some points, because the ad banners that appear in every corner of the app spoil much of the already dull experience. |
Function9
Well prepared for taking care of loan and mortgage calculations alike, this utility offers a solid set of features and is fast in processing the information. |
Security7
There are many secure areas of the system in which this application needs to look into, even if they are not related to the actual functionality. |
Battery6
Loan Calculator needs a lot of energy to function properly and its high power consumption translates into a significant battery usage during its runtime. |
Price9
Despite the shortcomings it has from the visual and functional perspective, this app offers a very good set of features and has a remarkable value. |
Compatibility9
The application is ready to be used on the majority of Windows Phone devices out there as it only needs version 7.5 or higher of the OS to run well. |
Specifications
- price:
- Free with ads
- current version:
- 3.3.0.0
- reviewed version:
- 3.0.0.0
- developer:
- TSoftOne
- category:
- FINANCE
- os version req.:
- 7.5, 8, 8.1
- age rating:
- N/A
- in-app purchases:
- Yes. remove ads
- hits:
- 319