This app can generate summary of loan, chart and table to display the result in detail for the user.
Specifications :-
Inputs needed are:
1. Loan Amount
2. Interest Rate.
3. Loan Period (Yrs).
4. Repayment Frequency ( Annually, Monthly, Fortnightly and Weekly).
5. Repayment Type ( Principal & Interest and Interest only).
Result will include:
1. Loan Repayment Amount as per repayment frequency chosen.
2. Total Loan Amount β Total amount paid including interest.
3. Interest Paid β Total interest on the given loan amount.
4. A chart displaying the total loan amount and principal paid.
5. Mortgage table displaying principal paid, interested paid and balance amount per installment.
The calculations are checked thoroughly and are highly accurate.
- Visual representation of data by an area chart.
- Loan table to display the loan details for each payment period.
- Ads by admob. Buyer can use it for monetization.
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