EMI Calculator - Loan Planner is a versatile app Designed to help users calculate their Equated Monthly Installment (EMI) for loans and plan their repayment schedule effectively. This user-friendly tool allows individuals to input their loan amount, interest rate, and tenure to instantly calculate their monthly installment.
App Features:
1.Easy-to-use interface: The app is designed with a simple and intuitive interface, making it easy for users to input their loan detAIls and calculate their EMI quickly.
2.Multiple loan types: EMI Calculator suppoRTS various types of loans, including home loans, personal loans, Car loans, and more, allowing users to calculate EMIs for different financial products.
3.DetAiled payment schedule: Users can view a detailed payment schedule that breaks down their monthly installment into principal and interest components, helping them understand how their payments are alloCated.
App Function:
1.Amortization table: The app generates an amortization table that shows the outstanding loan balance, interest paid, and principal repaid for each month, giving users a clear picture of their loan repayment progress.
2.Flexible repayment options: EMI Calculator allows users to adjust their loan tenure and interest rate to see how it impacts their EMI, helping them choose a repayment plan that suits their budget.
3.Save and compare loans: Users can save their loan details and compare multiple loan options side by side to make an informed decision about their borrowing needs.
App Highlights:
1.Interactive charts: The app displays interactive charts that visually represent the loan repayment schedule, making it easier for users to understand and track their repayment progress.
2.Currency converter: EMI Calculator supports multiple currencies, allowing users to calculate EMIs in their preferred currency for international loans.