Commercial Loan Calculator Apk
Apk Infos
| Version | 3.0.0 |
| Rating | 5.0/5, based on 1 votes |
| Size | 41.7 MB |
| Requires Android | Android 4.1+ (Jelly Bean) |
| Author's Notes | To compute periodic payments, total interest paid and cost of a commercial loan. |
About Commercial Loan Calculator APK
Table Of Contents
Description
Advanced tool for commercial loan calculation. The app includes three methods of interest calculations, different payment frequencies, deferred and non-deferred payments, with an amortization schedule.Features:
1- Interests:
The interest rates are fixed. The interest accruals are calculated using either:
-Actual/360 method known as 365/360;
-Actual/365 method known as 365/365;
-30/360 method.
2- Payment Frequency:
User can opt for monthly, quarterly or annual payments. No fraction of payment frequency is allowed.
3-PaymentType:
The loan can be reimbursed with constant amortization payments with or without a period of interest only OR with interest payments only.
4-Funding:
The funding date for this version is based on the user's mobile device time zone and date. For example a monthly period frequency, with today funding date, will have a first payment in a month.
5-Amortization schedule:
The amortization schedule does not carry an option to extend the duration of the loan when the interest payment option is activated. The final payment will always show a balloon payment at the end of the term of the loan.
6-Email Amortization Schedule:
The amortization schedule can be emailed in .CSV format by clicking on the email icon on the top left side of the amortization screen.
Note: Since every lending institution uses their own method of round-up rules and calculation practices, user can expect differences in results.This is still an excellent tool to help you during commercial lending processes.
This app contains no advertisements. The app is not affiliated with any banks or lending institutions.
Please contact Howard, Day & Associates at 678 566-3859 or Help@HowardDay.com for any questions or customization needs.
Latest updates
What's new in version 3.0.0
Support for 64 bit AndroidHow to install Commercial Loan Calculator APK on Android phone or tablet?
Download Commercial Loan Calculator APK file from ApkClean, then follow these steps:
Update Phone Settings
- Go to your phone Settings page
- Tap Security or Applications (varies with device)
- Check the Unknown Sources box
- Confirm with OK
Go to Downloads
- Open Downloads on your device by going to My Files or Files
- Tap the APK file you downloaded (com.howardday.mortgage-v3.0.0-ApkClean.apk)
- Tap Install when prompted, the APK file you downloaded will be installed on your device.
Older Versions
| 3.0.0 (3) | 41.7 MB |
| 2.0.0 (2) | 9 MB |
Questions & Answers
Q: What is an APK File?
A: Just like Windows (PC) systems use an .exe file for installing software, Android does the same. An APK file is the file format used for installing software on the Android operating system.
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A: Yes, absolutely. The Play Store installs APKs it downloads from Google's servers, and sideloading from a site like ApkClean.net goes through a very similar process, except you're the one performing the downloading and initiating the installation (sideloading).
As soon as the Play Store finds a version of the app newer than the one you've sideloaded, it will commence an update.
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