Screenshots

Description

******Finally a complete loan calculator app on iOS. Now you don't need to use computers to calculate loan. Its not just regular EMI amount you are paying monthly to your loan and find out what is extra. Look at the screenshots, download app & find how your money is spent over the years and start saving money & recommend to your friends******

******App lets you find how much extra you are paying for any loan by taking consideration of taxes, insurance, maintenance amounts along with calculating regular EMI amount.******
******Find out how you can save your money by prepaying the loan principal at different times monthly, adhoc, yearly, varying interest rates, fixing the EMI amounts.******

***** First Time in Loan Calculation...App is so advanced taking into consideration of various factors affecting your monthly expenditure for the loan. Meets real world loan scenarios. Look at screenshots, videos, desc riptions & try yourself *****
***** App has 2 types of loan modes(auto, home) where you can enter annual extra money you are paying. For example for home loan - it has provision to input property tax, insurance and HOA dues. For Auto loan - annual road tax, insurance & fuel maintenance. So app will calculate effective payment outgo for each loan.

App calculates the EMI(equated monthly instalment) for the given loan amount along with various tuning parameters like continuous changing interests, early repayments, fixed emi. App shows the amortisation schedule showing date, interest, principal & balance outstanding for each month. App is very flexible and meets real world scenarios with the following features.
*User can enter multiple floating interest data in loan tenure.
*User can add prepayment information in multiple ways like monthly, yearly and adhoc types.
*User can set fixed EMI at any given time in loan tenure.
*on iPads 3 different loan loan interest can be compared with their EMI, total interest paid and total loan amount repaid.
*If you do early repayment of loan, app provides statistics of money saved and tenure reduction in tabular and pie chart graph reports.

Note: Please do verify the results with your bank's way of calculating interest rates before making any financial decisions. Interest rates & calculation vary from bank to bank. If you have any feedback please contact us.

What’s New

Version 11.5

Include tax, insurance & maintenance amount with an option to include annual increments. See these dues along with loan EMI amount for each month.
User can have a favorite loan and app will get launched with the favorite loan values each time.
User can add downpayment to Loan Info and can calculate installment amount in a refreshed UI slider.
Minor UI Enhancements.

Ratings and Reviews

3.0 out of 5
2 Ratings

2 Ratings

saren Melikan ,

Worse app ever

The worse app I ever downloaded it show the schedule payment when you add pre-payments on schedule it does not calculate your interest base on your input free apps has more advance options than this one don’t wast your money on this app

Developer Response ,

Can you send email to support@floramobileapps.in. App takes every input and offers lot of customizations and only app to do so. Do email to resolve your reasons.

App Privacy

The developer, Swetha MB, has not provided details about its privacy practices and handling of data to Apple. For more information, see the developer’s privacy policy.

No Details Provided

The developer will be required to provide privacy details when they submit their next app update.

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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