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Loan EMI Calculator

1.3 by MexPro Inc.

(0 Reviews) August 13, 2025

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Latest Version

Version
1.3

Update
August 13, 2025

Developer
MexPro Inc.

Categories
Finance

Platforms
Android

Downloads
0

License
Free

Package Name
com.maxfinance.emicalculator.loan

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More About Loan EMI Calculator

Easily calculate your loan EMI, interest, and total cost with the EMI Loan Calculator app. Whether it’s a personal loan, home loan, car loan, student loan, or mortgage, our app provides accurate and reliable calculations to help you plan your finances effectively.

Key Features:
Auto Loan Calculator: Calculate EMIs for car or auto loans quickly and accurately.
Home Loan Calculator: Plan your mortgage payments with ease.
Student Loan Calculator: Manage your education loan with smart calculations.
Personal Loan Calculator: Understand your monthly installments and total cost.
Loan Interest Calculator: Determine interest amounts for any loan type.
Mortgage Loan Calculator: Get detailed repayment schedules for home loans.
Customizable Loan Settings: Enter your loan amount, tenure, and interest rate for tailored results.

How the EMI Calculation Works:
EMI (Equated Monthly Installment) is calculated using the formula:

𝐸𝑀𝐼=[𝑃×𝑟×(1+𝑟)^𝑛] / [(1+𝑟)^𝑛−1]

Where:
P = Loan amount (Principal)
r = Monthly interest rate (Annual interest rate ÷ 12)
n = Loan tenure in months

Our app calculates:
Monthly EMI: Fixed monthly payments, including principal and interest.
Total Interest Payable: The total interest on the loan over its term.
Total Loan Cost: Total repayment amount (principal + interest).

Why Choose EMI Loan Calculator?
Accurate & Fast: Provides precise calculations instantly.
User-Friendly Interface: Simple and intuitive design for easy use.
Comprehensive Tools: Suitable for all loan types, from auto loans to mortgages.
Compare Loan Options: Test various interest rates and tenures to find the best fit.
Completely Free: Use the app without any hidden costs or fees.

Disclaimer:
- This app is only a Calculator app and does not provide any financial services.
- The calculations provided are estimates based on standard fixed-rate formulas. Actual loan terms may vary based on your lender's terms and conditions.

Download EMI Loan Calculator App and simplify your loan planning with precision and ease.

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