Android App Ratings & Reviews

Interest Rate Change Analyzer logo

Interest Rate Change Analyzer

  • 0 votes
LoadingAdd to My Apps
Price$0.99
CategoryFinance
Version1.1
DeveloperOpenBiz Solutions
Added3 years ago
App Views0 views
Votes0 votes
Google Rating0
Ratings0
by On April 24, 2012
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How much will affect you if your loan interest rate go up or down? This app allows you to analyze how interest rate changes in will impact your budget. In technical terms this analysis is called interest rate sensitivity analysis.Simply entering your situation details such as income and expenses, and your mortgage situation (loan amount and period plus current interest rate) you will be able to analyze variations of the interest rate.Some additional features are:- Export results to a spreadsheet and send it to your email- Build a chart to graphically see interest rate variation on your budget- Able to calculate on P+I (principal plus interest) or IO (interest only) basis- Full help on every single screen. Easy to use and understand.Most of us are always paying attention to central banks (FED, RBA, etc) movements of the interest rate. This will finally influence your home loan interest rate. Hikes are what we care the most. What we fear the most. This app allows you to basically analyze different variations and be prepared for hikes. Budget ahead.openBiz Solutions commits to provide frequent updates to enhance the application as well as fixing as soon as possible any issues that could arise.

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