Tired of several non-reliable calculators for EMI? Exactly how much EMI would one have to pay? Just enter the values for Loan Amount, Interest Rate and Months and this mobile app will detail all desired home loan calculations. For those who didn’t know “Equated Monthly Installments” (EMIs) are the once-a-month payment that one needs to recompense to pay off personal, or home or other loans. On a chosen date of every month, an amount is deducted from your account in order to pay off the complete loan who you have taken to buy the house. Use this mobile loan EMI calculator, to instantly get the Home loan EMI amount, Monthly interest, Flat interest rate per month, flat interest per annum, total interest rate amount, annual interest rate amount etcetera.
Still why download an app? With different banks recommending you different loan offers, it is difficult for everyone to decide on the move about which one to go for. Earlier one used to first calculate all the amounts, interests and duration for payment manually on excel or paper and then approach the selected bank.
Those days are gone! Trendier apps like this mobile loan calculator fetches you accurate data within your finger tap. What more could you need? When you are in the bank, looking for the right package – this mobile app could easily help you sign up for a loan within seconds. You wouldn’t even have to trust the bank associate to give you the right calculations on paper which you later try to figure out after reaching home.
This app will save you a lot of energy, time, patience and money! Excellent app, appreciated by many builders, developers, and bankers for ease of use and accuracy; this mobile helps you buy a house much faster. Much better platform as it compares different home loans in a single tap.
· Home Loan Calculator
· Computes an approximation of your monthly loan recompense
· Calculates the total annual flat amount
· Computes an estimate of the total interest per month
· Computes an estimate of the total interest per annum
· All you will need to insert Loan Amount, Interest Rate and Months