Boat Loan Calculator is created calculate the loan cost. A very simple application to calculate boat loans by using Purchase Price, Annual Interest Rate and Total Loan Length in terms of year. Initially the calculator shows results for Monthly Payment with Monthly Interest and Principle, Number of Instalments, Yearly Interest Amount, Total Interest and Total Payment Amount all terms of USD. The Amortization provides mainly three outputs. 1. Amortization Table containing the detail amounts per Instalments. 2. A plot for Amount Owed on Boat vs Number of Instalments. 3. Monthly Payment Breakdown Plot showing Portion Paid Towards Principle vs Interest Charge. Lastly there is option to save the loan result and check it later from the "Loan History " options. This the first prototype of the loan calculator. We will add more features in the next version. Thank You.
Operating System Android