EMI Calculator

About EMI Calculator

EMI Calculator App helps to calculate EMIs, plan personal finance, Investment plans,wealth creation


1. **Basic EMI Calculator:**
The Basic EMI (Equated Monthly Installment) Calculator is a tool used to calculate the fixed monthly payment amount towards repaying a loan. It takes into account the principal loan amount, the interest rate, and the loan tenure (in months). The formula for calculating EMI involves complex mathematical calculations, but the calculator simplifies this process by providing the user with the exact EMI amount they need to pay each month. This tool is commonly used for home loans, car loans, personal loans, etc.

2. **Interest Calculator:**
An Interest Calculator is a tool used to compute the interest earned or paid on a principal amount over a specified period. It allows users to input the principal amount, the interest rate, and the time period (in years or months). The calculator then generates the total interest accrued or paid based on these inputs. This tool is beneficial for both lenders and borrowers to understand the financial implications of interest on loans, investments, or savings accounts.

3. **Advance EMI Calculator:**
An Advance EMI Calculator is specifically designed to calculate the EMI payments for loans where the borrower opts to pay a portion of the loan amount upfront (advance EMI) at the time of loan disbursement. This type of loan structure is common in certain financial products like education loans or construction loans. The calculator takes into account the principal loan amount, the interest rate, the loan tenure, and the number of advance EMIs to be paid upfront. It then calculates the reduced EMI amount for the remaining loan tenure.

4. **GST Calculator:**
The GST (Goods and Services Tax) Calculator is a tool used to calculate the amount of GST included in the gross price of a product or service. It takes into account the GST rate (commonly 5%, 12%, 18%, or 28%), the net price of the product or service, and whether the GST is included or excluded from the net price. The calculator then provides the user with the total GST amount and the gross price (including GST). This tool is essential for businesses and consumers to accurately calculate and understand the tax implications of their transactions.

Each of these calculators serves a specific financial purpose and helps users make informed decisions regarding loans, investments, taxes, and more. They simplify complex financial calculations and provide users with accurate results quickly and efficiently.

App is free, offline and very useful for home buyers, property consultants, property agents, loan agents, banking professionals, vehicle shop owners, financial consultants, financial counsellers etc