Handy Loan Tool

This application lets you prepare Loan Amortization charts i.e Principal+Interest for the whole tenure of your Loan on Monthly reducing method.

These charts can be prepared on 3 sets of Parameters
- Loan Amount, Period (years/months) & Rate of Interest (per annum)
- Or, Loan Amount, Period (years/months) & EMI Payment Amount
- Or, Loan Amount, EMI and Rate of Interest (per annum)

Also this app lets you edit the prepared chart midway so that you can take into account :
- Changing Interest Rates
- Change in EMI
- Add a Payment to the Loan
- Or add extra Principal to the Loan

Now the loan entries can also be saved (as of version 2.0) for future reference/comparison. And one can delete the same by doing the long click action.

This app is for informational purpose only. Please get in touch with your bank or financial institution for detailed amortization schedules etc.

More features will be added in coming days.