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About this app

The Loan Calculator will quickly compute the equated monthly installment (EMI) you need to pay in order to service the loan.  Our app is useful for anyone who wants to take a mortgage from the bank, secure an auto loan to purchase a car or simply loan some money to a friend.  All you need to do is to specify the loan amount, repayment period and interest rate.  And the best news is that our app also contains a smart loan reminder that would remind you to pay back your loans on time.  Whether you are taking a student loan or a housing loan, the most common question you will have to face is how much you would have to pay every month and for how long.  Everything you need to be able to borrow money is now available on your iPhone!  With it, you can calculate the amount of payment.  There is also a calculator.  You can set up reminder so you don’t forget to make a payment at the right time.