Commercial Loan Calculator 2.4
Free Version
Publisher Description
Advanced commercial loan calculator.
Features:
Full version and free
Solve for principal, payment, rate or period
Amortization schedules
Monthly, quarterly, semi-annual, and annual compounding
Constant Payment, Constant Amortization, Interest Only
Calculation type: 360/360, 365/360, 365/365
Calculate balloon payments
Note: The interest calculation type can only be set for preparing the amortization schedule. It will not calculate the payment, rate, etc. if set to a 365/360. Why not? Because it is a complicated calculation that is dependent on the date that the loan is funded. For example, a Bank Rate method loan (365 / 360) that compounds and has a monthly payment could have 12 different answers depending on which month the loan started. Then, how the loan term relates to leap year will increase it to 48 different anwswers. Then, how many times the loan wraps around a leap year will add yet more answers. Since this is not done in practice, the calculator does not make those calculations. Please don't complain and rate the calculator low because it doesn't make a very difficult and impractical calculation. Thanks.
About Commercial Loan Calculator
Commercial Loan Calculator is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Commercial Loan Calculator is PortfolioDM. The latest version released by its developer is 2.4. This app was rated by 3 users of our site and has an average rating of 2.3.
To install Commercial Loan Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2013-04-30 and was downloaded 277 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Commercial Loan Calculator as malware as malware if the download link to portfoliodm.com.calculator is broken.
How to install Commercial Loan Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Commercial Loan Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Commercial Loan Calculator will be shown. Click on Accept to continue the process.
- Commercial Loan Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
