EMI Calculator

eCode

Contains ads

About this app

With colourful charts and instant results, this free Loan EMI Calculator app is easy to use, intuitive to understand and is quick to perform. You can calculate EMI for home loan, personal loan, car loan, education loan or any other fully amortizing loan in India using this app. You can also check how prepayment can help reduce total interest outgo and reduce loan tenure.

Download the app and enter the following information:

- Principal Loan Amount (rupees)
- Loan Tenure (months or years)
- Rate of Interest (percentage)
- Fees & Charges (rupees) - Optional
- EMI Scheme (EMI in arrears or EMI in advance) - Optional
- Start Date (month & year) - Optional
- Extra Payments / Prepayments - Optional

You are presented with payment summary with break-up of principal and interest components, payment schedule and chart for the loan details entered. You can choose to share this information via e-mail, SMS or any other messaging app. You can also share the results to your favourite note taking app.

The app also computes the loan APR (aka IRR) using the fees and charges entered. This is especially useful for loans with 0% EMI schemes where fees and charges are levied (instead of interest) when purchasing mobiles, computers or household items.

Please visit the EMI Calculator website http://emicalculator.net/ for more information.


Change History:

Version 10.0
+ Ability to add multiple calculations (upto 10)
+ Simple and Advanced Calculations

Version 6.1
+ Bugfixes

Version 6.0
+ Chart library upgrade
+ Math library upgrade
+ Firebase analytics

Version 5.8
+ New App Icon

Version 5.0
+ Start Date moved from Advanced mode to Regular mode

Version 4.8
+ Better form navigation
+ Better charts with MPAndroidChart library
+ Bug fixes

Version 4.2
+ Loan Balance chart

Version 3.0
+ Admob changes

Version 2.9
+ Validations that prevent user mistakes
+ Usability changes
+ Rating prompt
+ Versioning bug fix
+ 'Loan Paid To Date' bug fix

Version 2.0
+ Advanced Mode with Extra Payments / Prepayments
+ Improved math accuracy of the calculator
+ Lots of bug fixes


Permissions:
Internet access required for ads and analytics

Ratings and reviews

Very easy to use tool and it simplify the complexity of calculation of EMI of a loan. Always loan agent hide out various factors. Could you improve it and incorporate GST charges on interest and fees. This will give a clear picture of each penny we will pay at any point. Thanks Syed Ali 'Aun'

Team in the market there are so many apps available but compare to yours other apps not worth of it. Since i am running home loan , I am using your website calculator ONLY. i really liked it very very much, it is really very simple to understand and it provides every detailed things which everyone wants..... Seriously hats off to your development team....All the very BEST 💐

Best app for all the EMI calculation. Literally helped in many calculations indirectly saved lakhs of money in my home loan and personal loan calculation, no disturbing adds. This is the perfect app for all calculations on EMI, part payments, pre payments etc

What's new

Runs on devices running Android 13 or above