Loan Calculator IQ 1.3.8

Loan Calculator IQ is a valuable tool for individuals seeking to obtain a mortgage from a bank, finance a car through an auto loan, or lend money to a friend.

Basic EMI Calculator for Mortgage, Car Loan, or Student Loan:

• Whether you are pursuing a student loan or a housing loan, a common question arises: How much do you need to pay each month and for how long?
• To determine the Equated Monthly Instalment (EMI) required to service the loan, simply provide the loan amount, repayment period, and interest rate in Loan Calculator IQ.
• In addition to typical monthly payment calculations, this app also allows you to compute any one of the following attributes based on the other three inputs:

1. Monthly or yearly payment for home loans, student loans, or car loans
2. Bank's interest rate
3. Loan amount
4. Loan term

How to use Loan Calculator IQ:

• Select the variable you wish to calculate, enter the values for the other three variables, and the result will be generated for you.
• An interactive pie chart displaying your total interest and loan amount as a percentage of your total repayment is also available.
• This free loan/mortgage calculator app offers comprehensive loan amortization schedules and interactive graphs.

Loan Calculator IQ is brought to you by Handy Apps and is completely free to use.

Download this Loan/Mortgage Calculator now!