My Loan Calculator has two calculations to calculate your monthly payment, how much interest your will be paying and estimates how much loan amount and interest you are actually paying.
To change MyLoan Calculator calculation type go to preferences.

Hope this app is useful to you.

Contain advertisements.

App Features:
• Calculates based on Standard Loan Formula.
• Discount/Downpayment for mortgage can be changed to calculate by percentage or by amount at preference screen.
• Shows how much monthly commitment and how much interest you are actually will be paying.

Terms of Use:

By using 'MyLoan Calculator' directly or indirectly, you have agreed to accept the following terms, which may be updated at anytime and without prior notice:

The providers, owners and creators of ' MyLoan Calculator' cannot be held responsible for ANY losses, whether direct or indirect, resulting from this software.

The 'MyLoan Calculator' calculates monthly payment according to the formula, and shows the total interest and total amount of loan to be paid. MyLoan Calculator' does not represent a recommendation, suggestion, advice or consultation.

By downloading 'MyLoan Calculator', you have released and discharged the providers, owners and creators from any and all liability which may arise.

Privacy Policy:

MyLoan Calculator is build as a free app. This app is provided 'As Is'.

This app only collects inputted data by users to save preferences as settings and compute expected values within the device itself.

The app does use third party services, Google Play Store and Google AdMob, that may collect information used to identify. These information are used to apply licensing to the app, provide updates, bug fixes, channel advertisements and collects statictics reports that are useful for the creators/developers to improve the application.

We may update our Privacy Policy from time to time. Thus, you are advised to review this app's privacy policy after an update periodically for any changes. These changes are effective immediately after the app is updated.