EMI Calculator. 3.0.1

The EMI Calculator tool facilitates users in swiftly computing Equated Monthly Installments (EMI) and reviewing the payment schedule. By simply entering the Principal amount, Rate of Interest, and time period, users can initiate the calculation process.

• Graphs are available to depict the disparity in the total amount to be paid and the interest amount.

The EMI Calculator is a straightforward yet robust instrument for determining your Equated Monthly Installments (EMI). This calculator assists in ascertaining the monthly sum required for loan repayment based on the Loan Amount, Interest rate, and Number of Months.

The Loan Calculator / EMI Calculator tool is a smart and practical application for computing:

• Car loans
• Home loans
• Mortgage loans
• Personal loans

Additionally, it features a Home Loan Eligibility section for estimating loan eligibility. Users can create distinct Loan Profiles within the app for easy access and view them at any time.

• Maintains History of Searched EMIs
• Enables Comparison of EMIs

The application provides users with a payment summary outlining the principal and interest components breakdown, payment schedule, and a chart illustrating the entered loan details.

Key Features:

• Brand new flat UI design integrating graphs and table views for all instalments
• EMI calculation with statistics (Monthly / Yearly Mode)
• Free to use with easy access and innovative design

If you possess a desired loan amount, preferred interest rate, and ideal loan tenure, this calculator can determine your equated monthly installment. It aids in assessing various lenders and making informed decisions by comparing the calculated EMI amount with offerings from different financial entities. This comparison provides a comprehensive overview of your monthly financial commitment.

To utilize this tool effectively, download the app and input the following information:

• Principal Loan Amount (in rupees)
• Loan Tenure (in months or years)
• Rate of Interest (percentage)

Happy calculating!