We will help you to track of your loan EMI and encourage you to pay prepayment by showing the loan interest reduction and term reduction due to prepayment or part payment.
Features of Prepayment Advisor
Prepayment Calculator
EMI Calculator
Loan payment timeline
Loan EMI calculation logic
Loan Payment Statistics
Fixed Chit Fund Calculator
Most people feels difficult to understand the logic behind the EMI calculation. We are trying to help people to understand, How EMI is calculated each month and how each month of your loan principle amount is reduced.
Privacy?
A complete Privacy, that what we assure to our users.
We will not store your data in any other server. We will store it inside your device only.
Caution:
Since we will not store any of your data, please take a backup of your data using our Backup/Restore option in our App whenever you want.
We will show you how Prepayment or Part Payment can reduce, your Loan term or tenure and EMI amount.
We also have simple EMI calculator and Timeline of your loan payment.
We personally felt difficult when we planned to pay prepayment because we don't how much it could reduce the loan interest amount and tenure, so our aim to help the people like us.
Please feel free to share you feedback so that we could improve ourself to help more people like us.