Very simple calculation and does not work on majority of loans. Putting 3, stars since developer tried to give more info like charts
The app only calculates payments based on the annual interest rate being simple instead of compounded when converted to a monthly rate. In the UK, monthly interest is compounded to give the APR rate. Dividing the APR by 12 doesn't work here. So it makes the app useless for us. Please fix this
There is sth wrong. You calculate EMI but it should be like give any three and it should calculate the 4th quantity.
Great for calculating loan payments. It even has amortization tables where it shows each month's interest payment and principal payment. Very nice app
Sometimes we pay higher installment amount than mortgage.. can you add that feature? Would give 5 if that feature exists
Seemed to be the best option out there but they have implemented far too many ads now.
- Fixed RTL not displaying properly
- Misc bug fixes
- Simplified the settings display
EMI Calculator works as great Financial Planner and very useful Loan Calculator
EMI Calculator / Loan Calculator / Mortgage Calculator / Home Loan Eligibility
Loan EMI Calculator with Amortized Analysis, Payment Schedule, Loan Profile