EMI Calculator - Loan EMI Calc 3.0
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Free Version
Publisher Description
EMI Calculator - Loan EMI Calc - Loan EMI Calculator, Eligibility Calculator for Personal & Home Loan
The best, fastest and easy to use EMI Calculator for calculating the EMI of your Loan easily.
What is an EMI?
When you take a loan, you will be required to pay interest on it. When you pay interest every month then it is known as Equated Monthly Instalments. The EMIs have to be paid regularly every month until the loan tenure ends and the loan is repaid.
How EMI is calculated?
The formula of calculating EMI is as follow
EMI = P × r × (1 + r)n/((1 + r)n - 1)
Where,
P = Loan amount,
r = interest rate,
n = tenure in number of months.
Our Loan EMI Calculator gives complete information not only on EMI of Home Loan, Car Loan, Property Loan, Personal Loan, Mortgage Loan and other loans but also information on whether to use rented property or own a property, how much you will be saving in interest & tenure if you pay additional amount in addition to your EMI, whether to do the Balance Transfer of your existing loan or not and how much you will save if you do the balance transfer of your existing loan, how much tax you will be saving if you have taken home loan and calculate the real rate of interest considering the inflation.
It also gives you information of important things which are being used while availing loan like CIBIL, circumstances that affect EMI, Credit Parameters, Dual Rate Home Loan, Factors determine Home Loan tenure, Home Loan, KYC Norms, Managing Home Loan in rising interest rate, Loan Proposal stages, things to do before applying for loan.
Use this app not only to calculate EMI but plan your EMI. You can take decisions like whether to purchase a property or not, whether to transfer your loan or not, Whether to prepay your loan.
EMI calculator for Home Loan, Personal Loan, Property Loan & other loans, Rent Vs Buy calculator, Home Saver calculator, Balance Transfer Calculator, Tax Saving Calculator and Effective Rate calculator. All these calculators in a Single App make availing loan very easy. .
Download the app and get the following information
Calculate Interest
Calculate EMI
Calculate Saving in Interest, Tenure & Tax
List of finance calculators inside our EMI Calculator App
EMI Calculator
Advance EMI Calculator
Loan Comparison
Flat vs Reducing rate Calculator
Rent Vs Buy Comparison
Home Saver Calculator
Balance Transfer Calculator
Tax Saving Calculator
Effective Rate Calculator
Features of EMI calculator
EMI Calculator is free to use
Easy to use
Advance EMI Calculator
Flat Vs Reducing
You can compare the loan that will help you in taking the right decision
Effective Rate Calculator
Directly Apply for the loan
What is the Amortisation Chart / Schedule?
The amortisation chart/schedule estimates your monthly loan repayments. It shows how much your repayments will get distributed towards the principal amount and interest amount.
It shows the interest paid, principal paid, and the balance remaining on each payment date.
What all types of EMI I can calculate using this EMI Calculator?
The app can be used to calculate Home Loan EMI, PL EMI, Car Loan EMI, Marriage Loan EMI, Student Loan EMI, etc.
What are the components of EMI?
There are two components of EMI known as the Principal & Interest.
Principal amount which is the amount you take from the lender as loan & the second component is known as the Interest that you pay on that loan.
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About EMI Calculator - Loan EMI Calc
EMI Calculator - Loan EMI Calc is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops EMI Calculator - Loan EMI Calc is EclatSol. The latest version released by its developer is 3.0.
To install EMI Calculator - Loan EMI Calc on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2019-09-09 and was downloaded 1 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the EMI Calculator - Loan EMI Calc as malware as malware if the download link to com.eclatsol.toolsandcalculators is broken.
How to install EMI Calculator - Loan EMI Calc on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the EMI Calculator - Loan EMI Calc is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by EMI Calculator - Loan EMI Calc will be shown. Click on Accept to continue the process.
- EMI Calculator - Loan EMI Calc will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
