Loan and Mortgage Checker

About: Loan and Mortgage Checker

Loan Checker is a simple financial calculator. The app works on iPhone, iPad and Mac. It can be operated in three different modes:

Loan - You can calculate a monthly payment if you enter a loan amount, interest rate and number of payments. The calculation assumes that the payments are in arrears. You can also enter a payment amount and it will work out the loan value.

Mortgage - You can calculate a monthly payment if you enter a property price, deposit, interest rate and number of years. The calculation assumes that the payments are in arrears. By choosing the specific target, you can enter a monthly payment amount and it will work out the property price or the deposit required.

Lease - You can calculate a monthly payment if you enter an asset price, deposit, residual, interest rate and number of payments. You can also define whether the payments are in arrears or in advance. By choosing the specific target, you can enter a monthly payment amount and it will work out the asset price, the deposit required or the residual value.