EMI Calculator

Contains ads
4.4
6.17K reviews
500K+
Downloads
Content rating
Everyone
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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
Updated on
Dec 10, 2021

Data safety

Developers can show information here about how their app collects and uses your data. Learn more about data safety
No information available
4.4
6.17K reviews
pradip chaudhary
June 25, 2022
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 ๐Ÿ’
5 people found this review helpful
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eCode
September 21, 2022
Thanks for taking time to write the review. We strive to do our best.
A Google user
December 12, 2018
Great app with good clarity. One suggestion is for prepayment options yearly or quarterly or any, the amount may vary so, that customization is not available.
11 people found this review helpful
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A Google user
April 25, 2020
It's a nice app. Have options to consider extra payments, graphical representation of payments, interest and principal. Overall, itx a good app
8 people found this review helpful
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What's new

- Calculation history along with 'Simple' and 'Advanced' calculations.