EMI Calculator

With colourful charts and instant results, this free Loan EMI Calculator app is simple to use, intuitive to know and is fast to perform. You can calculate EMI for residence loan, private loan, car mortgage, education mortgage or any other fully amortizing loan in India using this app. You can also verify how prepayment might help reduce total interest outgo and reduce mortgage tenure.

Download the app and enter the following information:

- Principal Loan Amount (rupees)

- Loan Tenure (months or years)

- Rate of Interest (share)

- 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 introduced with cost summary with break-up of principal and curiosity components, cost schedule and chart for the mortgage particulars entered. You can select to share this information through e-mail, SMS or any other messaging app. You can also share the results to your favourite note taking app.

The app additionally computes the loan APR (aka IRR) utilizing the charges and costs entered. This is particularly useful for loans with 0% EMI schemes where charges and costs are levied (instead of interest) when buying mobiles, computer systems or home goods.

Please visit the EMI Calculator web site http://emicalculator.net/ for extra info.

Change History:

Version 6.1

Bugfixes

Version 6.0

Chart library improve

Math library improve

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 modifications

Version 2.9

Validations that forestall consumer mistakes

Usability adjustments

Rating immediate