send link to app

True iLoan - Calculator 1 app for iPhone and iPad


4.2 ( 1152 ratings )
Business Finance
Developer: HENRIX AS
Free
Current version: 3.05, last update: 7 years ago
First release : 14 Jun 2009
App size: 41.43 Mb

How can you find your best loan? The only way is to compare the true rate. The true rate take into account all the costs; the initial cost, the term cost and the interest. The rate - the nominal interest rate - given by the financial institutions tells only part of the story.

Compares also with best loans and average rate in your neighborhood, all loan rates visible in a map.

Debt control: Doesnt your income cover the monthly debt payments? Find your total debt and sum cost for it per month. Avoid getting any unpleasant surprises before you increase your debt.

It calculates the true rate both for serial and amortized loans, all the costs are included in the calculations.
Loan for housing, car, flat all kind of loans are supported.

The financial institution can be contacted to get a new improved offer.
Loans can be saved, all calculations are saved for later reference.


Changes on all loan details are available: rate, amount, image, start cost, term cost and length.

Easy to use:
- built in help information makes the banking language easier to understand
- All formatting according to your language selection
- Best loans in your your neighborhood displayed in a map
- Average loan rate in your neighborhood is calculated
- choose your preferred color of the user interface ( bright or dark theme)

Debt:
- Find your total debt of all your loans
- Find the cost per month of your total debt


Detail description:
- Average rate in your area
- Best loan rate in your area
- Can add a image of what your are investing in (car, boat, cottage e.g)
- Calculates true rate - the only way to compare loans
- Gives overview of all your loan details
- Can add payment free period
- Can add extra payment and you can calculate your reduction in total cost
- Can create payment schedule for the loan
- Can use different payment terms - monthly, quarterly and yearly
- Can add cost per payment term
- Gives you overview of all cost split into downpayment, rates and other cost
- Simulates different loans and payment on the fly by changing cost, rate, duration
- Updates the loan details from the calculator without leaving the calculator
- Support serial loan and amortizing loans
- Save all your loans
- Take care of all your calculations

Pros and cons of True iLoan - Calculator 1 app for iPhone and iPad

True iLoan - Calculator 1 app good for

Very nice application. However when it gets to money, it should be more accurate than whole number
This app worked beautifully until the recent update to Apples iOS8 SW. Now it freezes uncontrollably.
Nice to find the correct cost of the loan. Can also store all your loans. Great!

Some bad moments

...if, somewhere in the description the developer pointed out the limitations of the "LITE" version. Namely, that you can only calculate loans/mortgages for up to 3 years. The full paid version *might* be good but no one can adequately tell from using the LITE version. I wouldnt even bother downloading this one.
It used to be super simple. Now its a pain to use. Font is hard to see. Gray with a black background. Takes 3 times as many steps just to see a simple calculation.
Sorry but this new version, though more "modern" looking, is not an improvement. User interaction isnt as good, fake "buttons", annoying ads, and the flow through the UI all add up to me wishing I hadnt updated to the new version. Please try again. Worse yet - just updated to the latest update to see if things had been improved and now it crashes on launch every time. (iOS 7.1.2, iPhone 5). Deleted app and reinstalled, same thing.

Usually True iLoan - Calculator 1 iOS app used & searched for

true car, true car app, calculator +1 free, first business finance calculator, and other. So, download free True iLoan - Calculator 1 .ipa to run this nice iOS application on iPhone and iPad.