Description: iLoan is a simple loan / mortgage calculator for the iPhone and the iPod touch. You can calcuate any of the components of virtually any type of loan: Principal, Interest, Number of Years, Monthly Payment, Total Cost, Total Interest. Features: Simple to use, Amortization Table. Solve for any of the following, Principal - Amount you want to borrow. Interest - How much the bank will charge you over the life of the loan. Number of Payments. Monthly payment - how much you will pay.
Have you ever loaned someone money Have you ever needed to keep track of partial payments on a personal loan Have you ever had problems maintaining accurate records of payments or keeping track of the loan balance Or maybe you're making micro-loans. For small personal loans or for becoming your own "personal bank", iLoan is the application for you. iLoan isn't just another financial calculator or amortization schedule. iLoan is an application designed to keep track of your loaned mone