iLoan is a comprehensive free app to calculate everything related to loans. Get your very own financial adviser and make sound decisions based on numerical facts.
This app has the following features:
✅ Calculate EMI along with EMI / Repayment chart / Amortization schedule, Mortgage calculator
✅ Create advanced Loan profile that includes Moratorium / Pre EMI / Repayment holiday period and advanced Mortgage loan calculator
✅ Compare Loans and find out which one is better
✅ Loan transfer / Refinancing decisions
✅ Loan Affordability & Loan Eligibility based on one’s income level
✅ Option for Advance EMI & Arrears EMI (for home loan, vehicle / car loan, personal loans, credit card loan)
✅ Effect of extra repayment / Prepayment on loan tenure / EMI
✅ Taking informed decision on Home loan to purchase house vs. Living in Rented house (Buy or Rent)
✅ Home loan pre-closure decisions
✅ Calculate Loan interest rate and Loan tenure
✅ Evaluate loan offered by different banks in India or any where (SBI, Canara, Axis, HDFC, KVB, Yes Bank, and Home finance companies)
- Though targeted for indian currency, this can be used for any currency calculations (USD, EUR, RMB, Dirhams, Dhs, Dinar, Omani / Saudi Riyal, SGD, MYR, AUD, GBP etc.) and countries such as UAE, US, Pakistan, Canada, UK, China, Malaysia, Singapore, Bangladesh, Srilanka, Kuwait, Oman, Australia, Dubai, United states, Egypt, Indonesia, Myanmar, Iran, Nigeria, UAE, Qatar, Bahrain, South Africa, Russia, Japan, Indonesia etc.