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Loan Calculator : Mortgage Calculator for Android

By TechPlus Free

Developer's Description

Loan Calculator, Mortgage Calculator, EMI calculator is most powerful app. we present best UI & very Easy-to-Use financial calculator.

Free financial calculator involving Loan calculator, Mortgage calculator, EMI Loan calculator, SIP calculator, Loan calculator, Compare loan, GST calculator, currency converter and more additional to help find financial place, near by Bank finder & ATM finder.

Loan Calculator / Mortgage Calculator

An equated monthly installment (EMI) is a fixed payment made by a borrower to a lender on a specified date of each month.

Use our mortgage calculator to estimate your monthly mortgage payment. You can input a different home price, loan term and interest rate to see how your monthly payment changes.

Features

- Easy & Fast to calculate & accurate results.

- Compare EMI between two loans.

- Loan / EMI disclose with chart and excel.

- Loan / EMI Schedule for Loan

- Watch your previous loan / EMI History.

- Download & Share your loan / EMI sheet.

Loan Calculator Where to Use:

- Home Loan Calculator

- Business Loan Calculator

- PPP Loan Calculator

- Car Loan Calculator

- Bike Loan Calculator

- Gold Loan Calculator

- Personal Loan Calculator

- Property Loan Calculator

- Mortgage Calculator

- EMI Loan Calculator

- Compare Loans Calculator

SIP Calculator, SIP Planner, Investment Calculator:

A systematic investment plan involves investing a consistent sum of money regularly, and usually into the same security.

SIP stands for Systematic Investment Plan. With SIP you can invest a small amount into mutual funds on a monthly basis. This is preferable mode of investment for many especially salaried people.

India GST Calculator:

The goods and services tax (GST) is a tax on goods and services sold domestically for consumption.

Financial News:

Finance Industry News: Find the latest Financial News in world Get the latest updates GDP, Bank Interest rates, Economy, Income tax News.

Currency Converter:

151 of currency exchange rates and the exchange rate lookup and calculation comparison list.

Bank, ATM & Finance Finder:

Fast find your near by place of Bank, ATM & Finance.

- Check Live status [Open/Close]

- Check distance from your current location

- Know reviews from other users

- Full address with interactive map

------------------------------ FAQ ------------------------------

How we calculate the EMI on your loan?

The mathematical formula for calculating EMIs is: EMI = [P x R x (1+R)^N]/[(1+R)^N-1].

In the above formula where

P stands for the loan amount or principal,

R is the interest rate per month [if the interest rate per annum is 11%, then the rate of interest will be 11/(12 x 100)],

N is the number of monthly installments.

How to Compare Loan Terms?

If you have multiple loan options, shopping for the best and cheapest loan can be complicated, and there are many different factors you'll have to consider. With different loan terms, time limits and monthly payments, finding the best deal can take some work. There are some basic things to consider and analyze before choosing the perfect loan for you.

How we calculate SIP Plan

A SIP plan calculator works on the following formula M = P ({[1 + i]n 1} / i) (1 + i).

In the above formula where

M is the amount you receive upon maturity,

P is the amount you invest at regular intervals,

n is the number of payments you have made,

i is the periodic rate of interest.

How we calculate GST

1. Add GST:

GST Amount = (Original Cost x GST%)/100

Net Price = Original Cost + GST Amount

2. Remove GST:

GST Amount = Original Cost [Original Cost x {100/(100+GST%)}]

Net Price = Original Cost GST Amount.

If you have any question about Loan Calculator, Mortgage Calculator, EMI Loan calculator feel free to let us know.

Email: contactus.techplus@gmail.com.

Full Specifications

What's new in version 1.6

General

Release July 17, 2020
Date Added July 17, 2020
Version 1.6

Operating Systems

Operating Systems Android
Additional Requirements Requires Android 4.4 and up

Popularity

Total Downloads 0
Downloads Last Week 0
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