***** First Time in Loan Calculation ..App is so flexi.. Meets real world loan scenarios..look at screenshots,descriptions & decide yourself *****
App calculates the EMI(equated monthly installment) for the given loan amount. App shows the amortization schedule showing date, interest, principal & balance outstanding for each month. App is very flexible and meets real world scenarios with the following features.
*Loan Repayment schedule can be shared by various options mail, airdrop, print..etc.
*User can enter multiple floating interest values in loan tenure.
*User can add prepayment information in multiple ways like monthly, yearly and adhoc types.
*User can set fixed EMI at any given time in loan tenure.
*Loan Repayment schedule can be saved in PDF file.
*App provides statistics money saved and tenure reduction in tabular and pie chart, bar graph supports.
*Compare 3 different interest rates with their EMI, total interest paid, total amount paid.
Note: Please do verify the results with your banks way of calculating interest rates before making any financial decisions. Interest rates & calculation vary from bank to bank. If you have any feedback please contact us.