Tuesday 14 October 2014

An App that can Ease out the Stress of Financial Calculations

A Loan Calculator is a quite nifty and helpful tool, which can be easily found on all banking sites that deal with home financing. An important resource relates to proper planning of your financial future. Now with increase in the use of Smartphones from last one decade, mobile applications developers by implementing their innovative ideas, developed many apps that ease the process of financial calculation just on your fingertips.

Loans Calculator for Australia is one such app available free of cost on Android as well as iOS based platform. It features all major calculators, viz. Home Loan, Personal Loan, Car Loan and Stamp Duty Calculator. Apart from calculations, you can even export the amortization table, payoff of your mortgages and share the result by simply pressing on the email icon present on the screen.


Some of the unique features of this app that makes it differ from other apps falling under the same category are:
  • It helps to figure out your borrowing limit so that you don’t face any difficulty in the repayment process at a later stage.
  • The app features the grants and concession that are meant for first home buyers.
  • This app also shows the information about the stamp duty, fees and other charges. Currently the stamp duty is only specific to Perth, Melbourne, Adelaide, Brisbane, Sydney, and Canberra. 
  • It has contact details of state revenue offices in Australia.
  • The app also evaluates the extra payment frequency to payoff sooner. 

Therefore, to get the easy solution for all your financial calculations, you need to download this free app on your iPhone or Android based devices. The app offers better resolution in portrait mode. In order to download it on your Android based Smartphone, Android 2.2 and higher version is required and for iPhone users, the app is compatible with iOS 6 and higher version.



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