Loan Calculator AJ

A handy and useful Loan Calculator for anyone who is planning to take up a loan.

Use this loan calculator to determine your monthly payments for your home loan, car loan, student loan, or simple money loan to a friend.

Enter loan amount, interest rate, and repayment period, this Loan Calculator will quickly compute the equated monthly installment (EMI) you need to pay to service the loan.

Beside the usual monthly payment calculation, it can also reverse calculate any of the other 3 variables - loan amount, interest rate and repayment period.

How to use this Loan Calculator app:

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Key in the following

(a) Loan amount

(b) Interest rate

(c) Years

The result (d) Monthly Payment will be generated for you.

Simplified & Primary Screen

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You can toggle between simplified screen or primary screen by pressing the switch button on the menu.

Use the simplified screen for direct straightforward loan calculation, or change to the primary screen for more details calculation. This is a new addition since July 2022, we hope you will enjoy using this app and benefit from it!

Main Features

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* Calculate or reverse calculate payment, loan amount, interest and years.

* PMI (Private Mortgage Insurance) calculation and see its cost and end date.

* Include property tax, insurance and other expenses.

* Pie chart and line chart

* Save mortgage loan information to history for comparison.

* Send email report with amortization schedule in PDF.

* Send text message with a summary of mortgage loan.

This app generates a comprehensive loan amortization schedule that you can email to friends as a PDF file.

This app allows you to send a text message to friends with a brief information of a loan using your favorite messaging app. Save multiple loans to history where you can compare and analyze them. You can also recall loan information from the history for later use.

And of course, this app generates a pie chart that shows you your total interest and loan amount as a percentage of your total repayment.

This app is brought to you by ajMobileApps and is completely free to use.

Download this Mortgage Loan Calculator now!