A simple yet powerful free tool to calculate your Equated Monthly Installments (EMI) for the given loan amount. Based on loan amount, interest rate and loan tenure, it will calculate monthly payment schedule with interest and total payment. User can change the Loan amount/Interest Rate/Loan Tenure any time and application will automatically calculates the new EMI.
Useful app for House Loan, Personal Loan or Car Loans.
⁃ Loan EMI Calculate
⁃ Mortgage Calculate
⁃ Loan Calculate
- Nice User Interface
- Calculates Monthly EMI with total Interest and Payment
- Breakup of each EMI in Principal, Interest with Remaining Balance
- Detailed amortization schedule over the loan term
- Very useful for any financial transactions and a handy application to have for quick calculations
- User friendly interface
- Universal App
* All calculations made in this application are based on a standard formula and on certain assumptions which may not be true in every case.
* So please note that the actual calculation from your financial service provider may differ slightly due to the calculation models.
*You should consult your financial advisor before taking any decision.
*Application developer disclaims any responsibility for any decision taken based on these calculations.