Five complete financial tools in a single app, for all your financial needs:
• Mortgage simulator
• Vat and Discount
• Interest Calculator
• Leasing Simulator
• Bond Yield Calculator
More in detail:
MORTGAGE SIMULATOR
This application helps you in all financial simulations before choosing the amount, duration, or the installment of a mortgage or any type of loan.
It is possible to calculate the installment in a simple way, by entering:
• Amount
• Duration in years
• Annual interest rate
• Frequency of payments
The application provides instant payment amount and a detailed amortization schedule.
It also possible to calculate the reverse: for example if you have a certain monthly payment, how many years of payment are needed to get the desired loan amount?
VAT AND DISCOUNT
With this application you can calculate at a glance:
• Gross amount starting from the net amount
• Net amount starting from the gross (unbundled VAT )
• Discounts or premiums
• Value of the discount from full amount and amount granted
• Amount discounted from full amount and percentage discount
• Amount saved in the face of a discount
With the particular structure roller is also possible to quickly simulate the effect of the variation of the percentages entered.
You can insert any combinations of VAT and Discount (in addition or in reduction) .
More specifically , by selecting "+" in the first column , the value is to be entered in the input net , then the application will calculate the net plus VAT.
By inserting instead "-" in the first column , the value to be inserted into input is gross , and the app will calculate the net , after netting out the VAT .
Furthermore , the calculated value is possible to remove a discount, or to add a surcharge , depending on the value chosen in the fifth column ( "+" or "-" ) .
If you simply want to calculate the amount of a discount or a premium , simply set to zero the value of VAT .
INTEREST CALCULATOR
All that you need for your investments. A professional tool with a very clear and detailed description of the formulas and steps for the calculation of Simple and Compound interests, Present Value and Tax effect.
In addition, a powerful scenario simulator.
Main features:
• Setting of the notional annual rate and duration
• Setting of the divisor (360 or 365)
• Calculation of Simple Interest with explicit formula
• Calculation of the Present Value with the Simple Interest
• Calculation of Compound Interest with explicit formula
• Calculation of the Present Value the Compound Interest
• Option "effect of taxes" for the calculation of net interest income
It is also available a powerful simulator that allows you to answer i.e. to the following questions:
• Ive a Principal of 100.000; How long does it take to get 10.000 at the Rate of 3,15%?
• Which Principal do I need to get 10.000 in 2 years at the Rate of 3,15%?"
• Ive a Principal of 100.000; Which rate is necessary to get 10.000 in 3 years?
LEASING SIMULATOR
A fast and convenient way to calculate a lease payment.
Thanks to its comfortable editing, you can instantly simulate the effect of changes in key parameters.
Input parameters:
• price
• VAT option
• VAT value
• Trade-in value
• Down payment
• Residual value
• Interest rate
• Number of payments
The application will provide with Payment amount and Amount plus Tax value.
BOND YIELD CALCULATOR
It calculates the yield of coupon bonds and zero coupon bonds, given market price, duration and coupon value.