Whether you are taking a student loan or a housing loan, the most common question you will have is how much do you have to pay every month and for how long.
We can help you that, all you need is downloading this app and provide the loan amount, repayment period and interest rate, this Loan Calculator quickly computes the equated monthly instalment (EMI) you need to pay in order to service the loan.
Apart from the usual monthly payment calculation, this Loan Calculator app also enables you to calculate any one of the following attributes based on the inputs from the other 3:
a) Monthly or Yearly Payment for your Home Loan, Student Loan or Car Loan
b) Interest Rate charged by the bank
c) Loan Amount
d) Loan Term
Loan Calculator is easy to use, just select the variable that you wish to calculate, key in the input for the other 3 variables and the result will be generated for you.
You can also generate a pie chart that shows you your total interest & loan amount as a percentage of your total repayment
On top of that, interactive graphs and comprehensive loan amortization schedules are available in this free loan / mortgage calculator app.
All comments, suggestions and errors are always welcome!
Just send us an email to: email@example.com
We update the app regularly so we can make it better for you. Get the latest version for all of the available features and improvements.
Ratings and Reviews
For free it’s the best I’ve used
I love the fact that you can name and save the loan calculations. I use the bank name and % in the file name so when I’m comparing rates it’s very easy to identify the bank and interest rate at a glance.
It’s really handy if you have collected at least 2 data points so you can pit one bank vs the pack. I just used it with 5 banks on a loan to remodel our business. The building and land are paid off so the “mortgage “ is 100% guaranteed. The kicker was offering the other banks our entire banking business both personal and rental properties and business account. The chance to add 5 million from the business has gotten me from a 6% rate at current bank down to 4.4 and 4.5 from two other banks no points or origination fees with free checks and safety deposit boxes. They really stepped up to get the business and it’s easy to see how much I saved with each new quote
Installs without a bunch of questions n setup. Comes up instantly to the simple screen. 5 seconds to enter relevant loan info and bam... payment is there. Scroll up a tiny bit and can see extended info about total payments and interest and can choose more loan details. Screen is not busy and simple. Nice job. For a change, some SW developers actually get it!!! Thank you. Look forward to other products you make.
App is straight forward and will solve for different variables. No 5 stars cause I paid the price for no ads and still see ads.
- Hoang Tue
- 28.1 MB
- Requires iOS 8.0 or later. Compatible with iPhone, iPad, and iPod touch.
- English, Arabic, Catalan, Croatian, Czech, Danish, Dutch, Finnish, French, German, Greek, Hebrew, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Norwegian Bokmål, Polish, Portuguese, Romanian, Russian, Simplified Chinese, Slovak, Spanish, Swedish, Thai, Traditional Chinese, Turkish, Ukrainian, Vietnamese
- Age Rating
- Rated 4+
- © Dav Cole @ 2018
- In-App Purchases
- Remove ads $1.99
With Family Sharing set up, up to six family members can use this app.