iHomeLite - Loan, Mortgage and Property Analysis app for iPhone and iPad

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