LoanData is a simple tool used to Calculate the Payment for a Loan. It can be used for both Simple Interest and Compounded interest loans.
Loans can be saved for later reference. Start in the Saved Entries by using the New Entry button to save basic information about the loan, use swipe down to toggle the appearance of the New Entry button. Use swipe left to Delete entries and swipe Right to Edit the loan Name. Click on a listed loan, in the Saved Entries view, to access and modify the detailed loan information.
The app comes with no warranty. Every effort has been made to insure the calculations are accurate. However, there is no guarantee that the calculations will be correct. If you put in crazy numbers you will get crazy answers.