Edit: The developer responded within minutes of my review and explained what I was doing wrong. That is very cool! Upgraded my rating; it's a very handy tool. Interface is confusing when inputting values. The labels do not clearly divide the input boxes. Its doubly confusing because the app will start to recalculate certain values based on what you might accidentally select.
Impossible to change the interest rate or repayment amount or any other settings the app is completely worthless. If I try to change any of those it tells me that it has been calculated automatically based on the loan amount and this is probably the setting I want. Since this is not the setting I want the patronising pop-up is very very irritating.
After searching for mortgage and student loan payment planners. This is the closest one I could find that actually made the correct calculations. It takes a few minutes to understand what to input but after that everything makes sense. Most apps don't let you input a start date as well as taxes, but this does. Advice to Developers: Try to come up with a way to combine multiple loans onto one page so that you can see a percentage of how close you are to paying off your debts as well as which ones to pay off first.
UI might be slightly clunky, but it covers the basics very well. Everyone with a mortgage should use this to help manage their finances better
This app is perfect for estimating monthly mortgage payments. Gives you a breakdown of amortization schedule and you can insert prepayments when and where you want. Simple app that does the job. Not overly complicated
This app was great for the first couple of years but for some reason now even after uninstalling and reinstalling the app it won't let me change the years of the loan each time I do it wants to make changes to interest rate or principle. Strange?
- Reduced app size
- Minor fixes
- Updated USDA and CMHC rates
- Highlight current date in tables
- Checkboxes now radio buttons
- Fix NaN on Mediatek processors
- Tested on Oreo 8.0
- Bug fixes
EMI Calculator works as great Financial Planner and very useful Loan Calculator
Loan EMI Calculator with Amortized Analysis, Payment Schedule, Loan Profile
EMI Calculator / Loan Calculator / Mortgage Calculator / Home Loan Eligibility