About Emi Calculator - Financial Loa
This App is All in One App Because This App Can Be Your Home Loan EMI Calculator, It Can Be Car Loan EMI Calculator, Personal Loan EMI Calculator. Very Simple Easy To Use Design To Give Our User Very Good Experience To...
This App is All in One App Because This App Can Be Your Home Loan EMI Calculator, It Can Be Car Loan EMI Calculator, Personal Loan EMI Calculator.
Very Simple Easy To Use Design To Give Our User Very Good Experience To Use The App.
Before we go for loan calculation, let’s understand what a loan is first? A mortgage is actually a legal contract which is taken between borrower and lender, and in this contract, the borrower is given some money by the lender, this loan can be given in varies types of interest or even without investment.
Types of Emi loan calculator
• An amortised loan, well this type of loan is something in which the borrower has to pay a fixed amount of money to the lender in a period.
• Consumer loan, in consumer loan we have two types of loans
1. Secured loans, in this type of loan borrower, put some of his assets to the lender so that he can get the money, in this way the logic is that the payment of the lender is secured form every aspect.
2. Unsecured loan, In this type of loan, there is just an agreement, that borrower will pay the mortgage back to the lender, depending on the terms and condition which a lender has.
• Bond, here In this type of loans a predetermined maturity, well this type of loans are very rare
• Deferred payment loans, this type of loans are generally in short terms, in this type of loan, the calculation is amortised in a, and then It is spread evenly.
• Student loan, this type of loans are specially designed to help out students, the special this about this loans is that the interest is very less or minimum.
• And in addition to this, there are many other types of investments like home loan, car loan, study loan etc. which have different policies depending on the condition.
How To Use - EMI Calculator
1- Open EMI Calculator
2- Enter your Remain Loan Amount in - Loan Amount
3- Enter Your Interest Rate (it's depend on your country and bank )
4- Enter Your Remain Loan Time (it should be in months )
That's it - You Will Get Your EMI
Previous Versions
Here you can find the changelog of Emi Calculator - Financial Loa since it was posted on our website on 2020-09-12 12:14:34.
The latest version is 1.6 and it was updated on 2024-04-22 18:48:12. See below the changes in each version.
Emi Calculator - Financial Loa version 1.6
Updated At: 2021-08-06
Changes: Fix The Ad
Improve UI
Emi Calculator - Financial Loa version 1.5
Updated At: 2020-09-12
Emi Calculator - Financial Loa version 1.4
Updated At: 2020-09-09
Changes: ALL ERROR FIXED
Disclaimer
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