The Loan helper app offers comprehensive features to simplify loan calculations and let you manage your finances efficiently.

Key features of the Loan helper app:

1️⃣ Accurate loan installment (EMI) calculation: Enter the loan amount, interest rate, and loan term to accurately calculate the monthly equated installment (EMI).

2️⃣ Support for multiple loan types: Calculate EMI for various loan types, including home loans, personal loans, and car loans;

3️⃣ Loan tool comparison: Compare different loan options side by side to determine the most cost-effective one. Evaluate interest rates, loan terms, and monthly EMIs to make informed financial decisions. Explore different loan options and optimize your borrowing strategy;

4️⃣ Prepayment calculator: Understand the impact of prepayment on your loan balance and interest savings.Explore the possibility of paying off your loan faster and reducing your total interest costs.

5️⃣ Repayment details visualization: View a detailed breakdown of your loan repayment plan, including the principal and interest portion of your monthly installment (EMI).

6️⃣Repayment reminders: You can add reminders for your car, house and mortgage to say goodbye to loan delinquency and credit impact

7️⃣Financial risk level: Understand your current financial risk level and become a smarter financial decision maker.

This simple loan calculator app has a simple and intuitive interface, which is convenient for users of all technical backgrounds.
No matter your financial expertise, you can easily enter your loan details and understand the calculation results.

🚩Illustration: Amole borrowed ₹ 100,000 for 12 months with an annualized interest rate of 16%. Open the Loan helper app and enter the following parameters:
Amount: ₹ 100,000
Annual interest rate: 16%
Term: 12 months
Loan cost and repayment plan:
Monthly installment: 9,072.9
Total repayment amount: 108,874.8
Total interest: 8,874.8