Loan Shark app review: handy calculation

Introduction

Loan Shark is a relatively simple app for iPhone and iPad that has been designed primarily with the intention of helping you to calculate your loans and mortgages from the comfort and convenience of your iOS device.

The best iPad apps for loan calculator

There are countless examples of loan calculator apps in the Finance and Utilities categories of the App Store and I'd say that this one stands somewhere in the middle in terms of quality and overall functionality.

Compare Loans

With this handy app on your iOS device you should have just about everything you need to quickly and easily calculate payday loans to see exactly what you'll be paying on a monthly basis.

The best iPhone apps to calculate loans

This app allows you to calculate your monthly payments, total loan amounts, and interest rates; plus you can save all of your calculations so that you can compare different providers and repayment strategies over time.

View Your Amortization Table

Once you've added all of the relevant data you'll be able to use Loan Shark to see your calculations for each loan on a detailed amortization table, giving you a clear outlook for the entire duration of the loan period.

Best iphone and ipad apps

What's more, you'll be pleased to know that you can share your loan calculations with others online via email in .CSV file format, so this is ideal for sending over a copy to your spouse or perhaps your accountant.

Pros & Cons

Pros

• Easily calculate loans to see exactly what you'll be paying
• Calculate your monthly payments, total loan amounts, and interest rates
• Save your calculations so that you can compare different providers and repayment strategies
• View your calculations for each loan on a detailed amortization table         
• Share your loan calculations with others online via email in .CSV file format

Cons                                      

• There is nothing negative to say about this app

Final Words

Loan Shark for iPhone and iPad is simple in scope but fairly effective, so I'd definitely consider checking it out if on the lookout for basic loan comparisons.