EMI Loan Calculator–iLoanCalc

Features EMI Loan Calculator–iLoanCalc

iLoanCalc is a simple yet powerful loan interest calculator to assist you deciding the best loan interest complete with its details.This simple loan interest calculator offers flexibility for those who are looking or planning to get loan either for new car, new gadget or new home.By using this app, depends on what kind of loan interest you take, you will be able to see and compare loan offers from different banks or parties and then choose the best loan interest that meets your requirements.In the world of banking or finance, loan interest is basically has two kinds of rate, either flat interest rate or effective interest rate.
The other kind of interest rates are usually a modification of those two types.iLoanCalc can make a calculation of three kinds of loan interests, they are flat interest rate, effective interest rate, and annuity interest rate.There are many loan calculator apps in the play store but they are usually misleading and most of them use terms like tax calculator, discount calculator, fixed deposit calculator, vat calculator, sales tax calculator, etc.You really dont need those features because bank can simply assess you by using your last 3 month bank statement to decide your eligibility before taking a loan.iLoanCalc is more than enough for those who are looking for a simple tool to calculate loan interest since it can calculate flat interest rate, effective interest rate, annuity interest rate, and even multi loan interests that usually applied in some countries.Notes- Our app is just a financial tool and NOT a loan provider or connected to any financial institution.
The app functions purely as a financial calculator and does not provide lending services.- This comprehensive app is made to assist everyone who wants to take a loan, either personal loan, car loan, home loan or mortgage, so he/she can understand the amount that will be paid in the future.- Always try to avoid loan, or if you have to, take as little as possible and as short as possible.
So you will not pay more interest.- Be wise with your financial and stay healthy!!!