Quick Loan Calculator

About Quick Loan Calculator Android App

What is Quick Loan Calculator?
What are the most basic questions that bother you whenever you think about getting a loan? How much do I have to pay each month? For how long do I have to pay? What will be the total amount of interest? Well, Quick Loan Calculate has the answer to everything related to your loan.
Quick Loan Calculator is a simple tool to extract all necessary details about any loan like EMI, Interest Rate, Total Amount of Interest, Yearly Payment etc.
It is a useful device for people planning to take a loan from a bank – be it a mortgage, car loan or loan for students.
How Quick Loan Calculator works
Quick Loan Calculator has a user-friendly interface. In order to know details about the loan, you need to input the loan amount, annual interest rate and the time period in the application and click on “Calculate”.
The application will provide you EMI, repayment schedule, yearly repayment, total interest amount and total amount (loan + interest). The processing time of this app is within seconds.
In addition, you can view pictorial representation of your loan with various indicators in the form of a pie chart and graph.
How to use Quick Loan Calculator
The Home Screen of Quick Loan Calculator will ask you to fill following;
• Loan Amount
• Annual Interest Rate
• Period
• Down Payment
After filling the values, click “Calculate”.
Within seconds, another screen will appear containing your results. The calculation is divided into three sections;
• Data
• Schedule
• Chart
Data:
This screen will inform you about Yearly Payment, Effective Rate in %, Total Interest Amount and Total Amount (amount + interest).
Schedule:
This screen will show you the complete schedule of loan repayment in the form of a table with information like Year, Interest, Principle and Payment.
Chart:
This screen will show the difference between the principal amount and interest amount via a pie chart and graph.
Key Features of Quick Load Calculator
Quick Loan Calculator is a one window solution for all your basic loan queries. Following are some of its features;
• Calculate EMI with complete stats and percentages (monthly/yearly).
• Share the loan details with anyone via emails.
• Save the loan details in the app
• Easy to Access and Use.
• User-friendly Interface.
• Change the background theme of the app as per your own liking and taste.
• Free application with ideal size
We love to hear from our users so feel free to contact us for any Query or Suggestions at [email protected]