Loan Amortization Calculator: A Simple Tool for Managing Your Debt

Loan Amortization Calculator is a free Android application developed by Francisco Nunez that allows users to calculate the monthly payment, total interest paid, total paid with interests, and the amortization schedule of their loan. It is a useful tool for anyone who wants to keep their debt under control and make informed financial decisions.

To use the app, simply enter the loan amount, interest rate, terms, extra payments (optional), and payment frequency (set monthly by default), and tap on “calculate”. The app will then generate an amortization schedule that shows how much money will be paid for principal and interest over the life of the loan. Users can also save and share the loan terms via email, SMS, or their preferred social network with family and friends.

Overall, Loan Amortization Calculator is a straightforward and easy-to-use app that provides valuable information for managing debt. Whether you are a homeowner, student, or business owner, this app can help you make better financial decisions and achieve your goals.