EMI Calculator - Loan app 1.1

SHELL INFRASTRUCTURE PRIVATE LIMITED – Freeware – iOS
out of 6 votes

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The EMI Calculator App serves as a practical financial tool designed for the swift calculation of Equated Monthly Installments (EMI) across various loan types, including home, car, bike, and gold loans.

This application streamlines the loan calculation process, enabling users to quickly derive their EMI and generate a detailed payment schedule.

Among its distinctive features, the app offers dual currency modes (USD and INR), a history function for retrieving past calculations, and a profile section to store comprehensive loan information. Additionally, it includes a calculator for assessing eligibility for home and personal loans along with a documents checklist.

The Loan EMI Calculator not only aids users in calculating their EMI but also facilitates effective loan repayment planning. The app further allows for straightforward comparisons between two loans.

Advanced functionalities enable users to perform reverse calculations, determining values such as the principal amount, interest rate, and loan tenure. This user-friendly app can be easily downloaded free of charge and is designed to operate seamlessly in offline mode.

FEATURES:
<ul>
 <li>The app enables calculation of various values by entering other parameters:
 <ul>
 <li>EMI</li>
 <li>Loan Amount</li>
 <li>Interest Rate</li>
 <li>Period (in months and years)</li>
 </ul>
 </li>
 <li>Data is presented in a tabular format, outlining the split of payments.</li>
 <li>Monthly EMI calculations are provided.</li>
 <li>Statistics reflect the principal amount, interest rate, and remaining balance for each month.</li>
 <li>Users can share computed PDFs for EMI and loan planning purposes.</li>
</ul>

USAGES:
<ul>
 <li>Bank Loan</li>
 <li>Home Loan</li>
 <li>Car Loan</li>
 <li>Personal Loan</li>
 <li>Property Loan</li>
 <li>Mortgage Loan</li>
</ul>

This loan calculator app can also be recommended to friends and family through various messaging platforms, aiding them in calculating interest on mortgage or personal loans, as well as comparing different types of loans such as education (student) loans, vehicle loans, and small business loans.

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