Free Loan EMI Calc is a simple application that helps you to calculate Equated Monthly Installment (EMI) for Home Loan or Car Loan or Personal Loan.
It is very important to know the amount payable every month to the bank or any financial institution until the loan amount is fully paid off. Also, you can verify the Total Interest Amount payable and the Total Amount payable for a loan and decide according to your needs. The chart gives you an overall idea of the monthly contribution towards Interest and contribution towards Principal from EMI amount. You can also export the EMI details to an Excel file and this file will be stored in your SD card.
Download this app and perform these calculations at your fingertips.