| Loan Calculator | |
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| Developer: | |
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| Latest Version: | 4.7.0.65+ (OS) |
| Genre(s): | Utility |
| Blackberry Model(s): | Storm |
| Price/Donation: | Free |
Loan Calculator automatically creates an equation to calculate money needed to pay back the user's loans.
This loan calculator can be used to calculate an unknown variable in a loan scenario where an amount of money (loan amount) is loaned to a borrower who is charged an interest rate that is compounded monthly while repaying the loan with monthly payments until the principle balance of the loan amount is zero.