EMI Calculator

EMI Calculator Free App

Rated 4.51/5 (4,642) —  Free Android application by eCode

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About EMI Calculator

With colourful charts and instant results, this free Loan EMI Calculator app is easy to use, intuitive to understand and is quick to perform. You can calculate EMI for home loan, personal loan, car loan, education loan or any other fully amortizing loan in India using this app. You can also check how prepayment can help reduce total interest outgo and reduce loan tenure.

Download the app and enter the following information:

- Principal Loan Amount (rupees)
- Loan Tenure (months or years)
- Rate of Interest (percentage)
- Fees & Charges (rupees) - Optional
- EMI Scheme (EMI in arrears or EMI in advance) - Optional
- Start Date (month & year) - Optional
- Extra Payments / Prepayments - Optional

You are presented with payment summary with break-up of principal and interest components, payment schedule and chart for the loan details entered. You can choose to share this information via e-mail, SMS or any other messaging app. You can also share the results to your favourite note taking app.

The app also computes the loan APR (aka IRR) using the fees and charges entered. This is especially useful for loans with 0% EMI schemes where fees and charges are levied (instead of interest) when purchasing mobiles, computers or household items.

Please visit the EMI Calculator website http://emicalculator.net/ for more information.


Change History:
Version 5.0
+ Start Date moved from Advanced mode to Regular mode

Version 4.8
+ Better form navigation
+ Better charts with MPAndroidChart library
+ Bug fixes

Version 4.2
+ Loan Balance chart

Version 3.0
+ Admob changes

Version 2.9
+ Validations that prevent user mistakes
+ Usability changes
+ Rating prompt
+ Versioning bug fix
+ 'Loan Paid To Date' bug fix

Version 2.0
+ Advanced Mode with Extra Payments / Prepayments
+ Improved math accuracy of the calculator
+ Lots of bug fixes


Permissions:
Internet access required for ads and analytics

How to Download / Install

Download and install EMI Calculator version 5.0 on your Android device!
Downloaded 100,000+ times, content rating: Everyone
Android package: net.emicalculator, download EMI Calculator.apk

All Application Badges

Users love it
Free
downl.
Android
2.3+
For everyone
Android app

App History & Updates

Version update EMI Calculator was updated to version 5.0
Version update EMI Calculator was updated to version 4.8
More downloads  EMI Calculator reached 100 000 - 500 000 downloads
Version update EMI Calculator was updated to version 3.0

What are users saying about EMI Calculator

S70%
by S####:

Now a days banks are offering interest saver offers like SBI Maxgain where you save money in current account and home loan interest is not applicable on average money saved in current account. So such feature is not available where user can see his actual savings.

A70%
by A####:

Can give this app 6 stars out of 5. Ads are least bothering ever. Very easy to use and understand. Most useful to compare difference in interests paid in two different loans with different duration and rate of interest.

S70%
by S####:

Excellent app. Very simply and informative. Have all details which we required It will be ultimate if we have option to add multiple 1 time payment option as well

S70%
by S####:

Easy and intuitive app to use. I was looking for such an app for a long time. Gives all the info you need to calculate EMI with several options and scenarios. Loved the app. Keep up the good work.

S70%
by S####:

Using basic version only, but appears to be good. Gives nice breakup, nice graphics. Yet to use advanced options.

S70%
by S####:

Overall it's a nice app. Very user friendly. It would have been good, if it provides an amortisation view of loan repayment schedules.

S70%
by S####:

Simply superb.. Even an ordinary person can easily understand the details he wants related to his loan.... Hats off

S70%
by S####:

No monthly interest direct method we take for hole year for example 2% interest means I take 24% .need two options like monthly and yearly option in interest colum

S70%
by S####:

It's handy, and easy to calculate bank related task in no time

S70%
by S####:

Found it useful, actually best part is u can send the details of everything via other apps to ur clients as well.

F70%
by F####:

Really nice app! Helps you plan better on-the-go by providing indepth clarity on your cash flows

S70%
by S####:

No words to describe this app.. It's awesome and simple to use.. I can give 6 star if i can :)

S70%
by S####:

Simplicity at its best... Very helpful for detailing EMI expenses

S70%
by S####:

A very useful app.. Mainly to manage our loans...

S70%
by S####:

Awasome wonderful very easy to use with various great feature in the app.

S70%
by S####:

Very useful app helps in emi calculations.

S70%
by S####:

It's easy to use and awesome... very handy

J70%
by J####:

Does the job well. Not much junk and gunk.. clear interface..!

S70%
by S####:

Its a simple app for a specific problem. Easy to use and understand.

R70%
by R####:

Great App and easy to understand..Great job done Developers...

K70%
by K####:

This app is very handy and useful but also need some changes like give option of monthly as well instead of yearly and also in prepayment give option to reduce year or reduce monthly emi then it will become 100% app for Emi calculation

S70%
by S####:

nice app. does the job well. hope this app is calculating in the right way

S70%
by S####:

If i dont hve any loan then y forcefull it asked to to fill details for existing loan. When i tried to apply for loan

S70%
by S####:

Very good app, very useful for me. I have used other apps for EMI calculation, this stands in TOP

S70%
by S####:

Really helpful for emi calculation

S70%
by S####:

Great App to help ur financial calculations

S70%
by S####:

Nice app for verious loan EMI calculation

S70%
by S####:

Nice and easy to use and has many options for checking scenarios.

K70%
by K####:

Super app, has all features covered to calculate EMI

S70%
by S####:

For car loan really good.

Y70%
by Y####:

Good app to calculate EMI and understand you finance.

S70%
by S####:

Good app no hang ready to use

S70%
by S####:

Good app for small emu check

N70%
by N####:

Superb Guide for home loan prepayment

S70%
by S####:

Show more options about other loans and insurance

S70%
by S####:

Calculations and charts are in detail. Excellent app. Very useful.

F70%
by F####:

Without ads usage to retirement.. Bingo

S70%
by S####:

Very good calculator, necessary little bit changes to calculate quarterly EMI's

Z70%
by Z####:

This is the first app which made me write review

W70%
by W####:

It gives a complete look on different permutations and combinations of the loan summary.. Would be the best if there is way to check on the tenure decrease on EMI adjustments just to know when to contact the bank and increase the EMI if its in your capacity


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Rating Distribution

RATING
4.55
4,642 users

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