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Equated Monthly Installment - EMICalculate

Equated Monthly Installment - EMICalculate
  • #: 19140
  • Price: free ($0.00) In Apple Store
  • Category: Finance
  • Updated: 2010-08-21
  • Current Version: 1.0
  • 1.0
  • Size: 0.70 MB
  • Language: English
  • Seller: PicsAlive Pte Ltd
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 3.0 or later
  • © 2010 Picsalive Pte Ltd
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Description

This Equated Monthly Installment (EMI) calculator helps you calculate how much you need to pay every month towards your loan repayment, based on the Loan Amount, Interest rate and Loan Tenure.

EMICalculate supports both simple (flat) and compound interest rates. The EMI for different payment period (i.e. monthly, quarterly, half-yearly and yearly) can also be computed. Finally an amortization schedule that shows the loan balance, principal and interest paid for the term of the loan is provided.

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Rated 5/5 based on 1 customer reviews.

 

5/5 stars

Great loan calculator

:
I took a chance downloading this app as there were no reviews. What I found was a great little loan calculator that is simple, quick and exactly what I was looking for. If you are looking for an app to quickly determine a monthly payment and the cost of a loan, then this is for you. Highly recommend

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The information may be outdated (2011-03-27 22:26:31). For actual information go to iTunes


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