LOS ANGELES — CalculateStuff.com’s new few app, Car Finance Tools, is a car loan calculator, lease calculator and auto loan comparison tool that works on the iPhone, iPod Touch and iPad.
The app can help car buyers simulate auto loans and leases, as well as provide them with detailed estimates of how much various loans and leases will cost, according to the company.
In addition, by switching the car loan calculator to “Affordability Mode,” car buyers can estimate how much they can afford to borrow for their new vehicle. The app’s results include charts and full amortization schedules. The loan comparison feature allows users to easily compare various aspects of potential loans and leases like monthly payment amounts and total cost.