$1.99 from Mobile Simplified
This is a simple application that makes it easy to determine the details of a Loan or Lease for a new or used car. Just by entering in the loan amount, down payment + trade value, interest rate and loan length term, the calculator will do all the hard work of calculating the loan monthly payment. For a lease, additional information such as money factor and sales tax will be required to calculate the monthly lease payment. This utility is meant to be easy to use and provide quick information to both car buyers and car sales professional alike.
Reverse Loan Mode Selection: This lets you choose from calculating the monthly payment if you know what price of car you want or reverse. You can also determine the value of car based on knowing what monthly payment you want.
SHAKE for background color selection. If you don’t like the background colors, just shake your iPhone/iPod and the background colors will change.
Check out the video review of Auto Loan/Lease Calculator over at: http://iphoneapppodcast.com/auto-loan-iphone-app-review