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BreakEven

BreakEven
  • #: 131645
  • Price: $0.99 In Apple Store
  • Category: Finance
  • Updated: 2009-01-28
  • Current Version: 1.1
  • 1.1
  • Size: 0.10 MB
  • Language: English
  • Seller: Boilingpoint Software
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 2.0 or later
  • © 2008 Boilingpointsoft Pty Ltd
  •  Add to Favorite apps

 

Description

BreakEven is a feature-rich application that allows you to quickly and easily determine your home loan repayments, while also providing more advanced options that aren't typically available with most home loan calculators.

Specify:

- your repayment frequency (weekly, fortnightly or monthly).

- your interest rate type (compounding or simple).

- your compounding interest rate frequency (daily, weekly, monthly or semi-annually) that accommodates for your country's compounding convention.

- your loan amount or alternatively your asset value and the percent of asset contributing to your loan.

- your loan duration in both years and months.

View:

- your high-level amortization schedule, listing your year-end total interest paid, total principal paid and principal remaining

- your low-level amortization schedule, listing your interest and principal paid for the specified repayment frequency

- a graph of either level of your amortization schedule, with the option of viewing 'Principal paid vs. Interest paid' or 'Principal remaining' over time.

What's New in Version 1.1

Borrowing Limits: Calculate your optimal mortgage size.

Specify:
- your income amount
- your income frequency (Weekly, Fortnightly or Monthly)
- your desired loan maturity
- your desired interest rate (compounding or simple)

iPhone Screenshots

BreakEven iPhone Screenshot 1
BreakEven iPhone Screenshot 2

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The information may be outdated (2011-04-14 21:02:51). For actual information go to iTunes

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