Loan Calc NZ app for iPhone and iPad

Great tool to calculate loan to value ratios, loan repayments, additional payment savings and gross rental yield.

Loan to value ratio (LVR) and loan required:
Calculate what lending you require and your loan to value ratio. Loan to value ratio is what percentage of lending you have secured against your property.

Net sale proceeds:
Calculate what funds you should receive after the sale of your property by entering Real Estate agent fees, solicitor fees and your existing mortgage.

Loan payments:
Calculate what your estimated loan repayments will be per week, fortnight or month.

Additional payment savings:
Enter in your additional monthly payment to compare interest savings over the term of the loan.

Rental yield:
Understand what your rental property or potential property is returning you with this quick gross yield calculation.