ID: au.com.openbiz.android.financialtools
Version: 1.1
Size: 0 Mb
Financial Tools Screen Preview
How to install Financial Tools apk for android
- For Android 4.0 or higher:Please to Settings, look down to Security, and select Unknown sources. Choosing this choice will enable to install apps download from the internet.
- For devices running on lower Android 4.0:
Please go to Settings - open the Applications option, and select Unknown sources, click OK on the popup alert.
Financial Tools Description
How much... will affect you if your loan interest rate go up or down (stress test)?
... can I afford to borrow?
... would my loan repayments be?
... can I save?
This application will help you answer all these questions and even some more.
Available tools
- Borrowing Power. As easy as entering your monthly income and expenses, then loan details such as interest rate and period. You will get your borrowing power as result.
- Interest Rate Change Analyzer (Stress test). Allows you to analyze how interest rate changes in will impact your budget. In technical terms this analysis is called interest rate sensitivity analysis.
- Loan Calculator. Allows you to find out:
* How much can I borrow?
* How long will it take me to pay a certain amount paying this much per month?
* What is the monthly repayment for a certain amount in this amount of years?
* How much interest and P+I will I end up paying for the whole loan?
* How are the repayments going to look like across the years?
- Savings Calculator. Allows you to calculate total interest accrued in a period of time based on different types of compounding frequencies.
Languages
- English
- Spanish
Pricing
- Free tools: Borrowing Power, Savings Calculator and Loan Calculator
- Available through Google in-app purchases: Interest Rate Change Analyzer
What's new in Financial Tools 1.1
Version 1.1: Loan calculator is free now. Enjoy it.Download Financial Tools 1.1 APK
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