iHomeLite is the free version of the popular iHome
iHomeLite - Loan, Mortgage and Property Analysis
What is it about?
iHomeLite is the free version of the popular iHome
App Store Description
iHomeLite is the free version of the popular iHome
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Features
- Detailed Loan Analysis
- Property Analysis (Equity/LVR/CAP/ROI)
- Graphical Loan Comparisons
- Weekly,BiWeekly,Semi-annual and more support
- Loan and Property defaults can be set
- Large Easy to use numeric entry and exaplanation of all fields.
- Amortization screen shows year summaries, emailed Amortization shows even more.
- Loan/Property Summary Screen shows Payments and pie chart representing breakdown
- International Currency Support
Loan Analysis Features
- Tap Loan Graph to see Bar, Shaded or Line to understand Principal/Interest Portions
- Supports Multiple Payment and Compound Frequencies (Canada set automatically) (semi-annual, fortnight,bi-weekly etc. 1-52 can be set)
- Supports Extra period and Lump sum payments
- Supports Fees and Charges (Annual,Upfront,Discharge,Monthly)
- Supports Interest Free Loans
- Supports Split Loans eith Interest Only or Fixed,Variable portions
- Supports Early Payout/Balloon Payments
- Compare Loans and "tweak" variable and instantly see changes in easy to understand graphs
- Calculate True effective rate of loan (APR) based on "real" cost.
Property Analysis Features
- Attach multiple Loans to Property
- Calculate LVR against Loan
- Calculate Equity vs Loan over a Certain Period
- Graphically shows Equity vs Loan Balance
- Calculate ROI (Return on Investment)
- Calculate CAP Rate
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