This loan / EMI / mortgage calculator calculates EMI of all types of loans
Loan calculator or EMI calculatorThis simple mortgage calculator is used to calculate EMI of home, car, personal and other types of loans.How to use:1) Open the Data tab, and use our financial calculator to enter your Property value, Down payment, Rate of Interest and Loan Period.2) Then tap Calculate button to know your EMI (equal monthly installment) instantly!Features:1) Loan Amortization Table tab gives you detailed data on monthly interest payment, principal repayment and ending balance values.2) Chart tab lets you quickly visualize what percentage of your total monthly payment goes for interest payment and principal repayment, respectively, through a colored pie chart.3) If you are interested to know how these calculations are performed, the Help tab is just for you. Here you can find different financial variables and their usage in formulas.4) User friendly interface and precise calculations.This mortgage calculator is 100% free. Download now!