Full Description :

📌 Overview
Smart Loan & EMI Calculator helps you plan and manage loans with precision. Calculate EMI, interest, and payments, then save results as scenarios. Compare scenarios to make the best financial decisions.

📌 Main Features

📌Loan Basics

Enter loan amount, interest rate, tenure (months), and start date.

Choose rounding method: Banker’s or Standard.

📌Advanced Options

Add processing fee and grace period.

Grace type supported: Interest-only grace period.

Vehicle loan support with flexible rate and payment plans.

📌Flexible Settings

Add Rate Step: Change interest rates mid-loan.

Add Prepayment: Reduce balance with one-time payments.

Add Recurring Extra: Extra payments every month.

Set Balloon Payment: Final lump-sum option.

📌Calculation & Save

Press Calculator and Save to generate results.

Each saved result is stored as a Scenario in the bottom tab.

📌Summary Results
Every scenario includes:

📌 EMI (Monthly Payment)

📌 Total Interest

📌 Total Payment

📌 APR (Annual Percentage Rate)

📌 EAR (Effective Annual Rate)

📌 Tenure

📊 Graph view for clear visualization

📌Compare Scenarios

Use the Compare Tab at the bottom.

Compare two scenarios side by side with full details.

Currently supports the last two saved scenarios for quick comparison.

📌 Why use this app?

Understand your loan repayment in detail.

Compare different repayment strategies.

Graphs and scenarios make financial planning simple.

📌 Disclaimer
This app is for calculation and planning support only. Results may vary by lender. Please consult your financial institution before making final decisions.