Loan Calculator Application icon

Loan Calculator 1.0

1.4 MB / 1+ Downloads / Rating 5.0 - 1 reviews


See previous versions

Loan Calculator, developed and published by Hibbert Systems, has released its latest version, 1.0, on 2016-06-07. This app falls under the Business category on the Google Play Store and has achieved over 100 installs. It currently holds an overall rating of 5.0, based on 1 reviews.

Loan Calculator APK available on this page is compatible with all Android devices that meet the required specifications (Android 4.0+). It can also be installed on PC and Mac using an Android emulator such as Bluestacks, LDPlayer, and others.

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App Screenshot

App Screenshot

App Details

Package name: com.hibbertsystems.loancalculator

Updated: 9 years ago

Developer Name: Hibbert Systems

Category: Business

App Permissions: Show more

Installation Instructions

This article outlines two straightforward methods for installing Loan Calculator on PC Windows and Mac.

Using BlueStacks

  1. Download the APK/XAPK file from this page.
  2. Install BlueStacks by visiting http://bluestacks.com.
  3. Open the APK/XAPK file by double-clicking it. This action will launch BlueStacks and begin the application's installation. If the APK file does not automatically open with BlueStacks, right-click on it and select 'Open with...', then navigate to BlueStacks. Alternatively, you can drag-and-drop the APK file onto the BlueStacks home screen.
  4. Wait a few seconds for the installation to complete. Once done, the installed app will appear on the BlueStacks home screen. Click its icon to start using the application.

Using LDPlayer

  1. Download and install LDPlayer from https://www.ldplayer.net.
  2. Drag the APK/XAPK file directly into LDPlayer.

If you have any questions, please don't hesitate to contact us.

Previous Versions

Loan Calculator 1.0
2016-06-07 / 1.4 MB / Android 4.0+

About this app

This program will calculate the estimated payment for a loan when given the purchase price, the down payment, the Annual interest rate and the duration of the loan.

Duration may be specified in Years, Months or Weeks (default is years). The payment frequency may also specified as Monthly, Weekly or Annually (default is Monthly).

This program uses a standard formula for calculating the payment and is usually going to give you the same payment as a financial institution. HOWEVER! There are factors that could cause the calculated payment to differ from the payment quoted in your financing documents. Among these are:

1. The start date of your first payment may not be on an exact multiple of the payment period.
Your financial institution will usually include interest for additional days.
2. Your loan's terms may specify interest compounded daily rather than simple interest.
3. Your financial institution may use a 30/360 calendar for computing loan interest.
4. Late charges and other service fees may be included in your loan.
5. Your loan payment may include insurance, taxes or other components that are in addition to the
principal and interest costs of the loan (common with mortgages).
6. Other factors covered in your specific loan agreement.

Use this or similar programs as a guide, but ALWAYS read your loan contracts and verify payment terms with your lender.

App Permissions

Allows applications to open network sockets.
Allows applications to access information about networks.