Monthly Payments app for iPhone and iPad

4.4 ( 9504 ratings )

Utilities Finance
Developer: Zion Software, LLC

Free

Current version: 1.2, last update: 8 years ago
First release : 17 May 2010
App size: 3.8 Mb

Monthly Payments is a simple loan calculator to compute monthly payments and interest on a given loan amount for a given duration (# of months) and % interest rate. Monthly Payments uses the Amortization formula found on: http://en.wikipedia.org/wiki/Amortization_(business)