# LoanTool : EMI Loan Calculator — Advanced Financial Calculator > Advanced financial calculator for loan and EMI computations. (iPhone/iPad app by Hardik Faldu.) - Source: https://appshunter.io/ios/app/loantool-emi-loan-calculator/id6504997800 (this page in markdown: same URL + `.md`) - Developer: [Hardik Faldu](https://appshunter.io/developer/1754560536) - Category: Finance, Utilities - Price: Free with in-app purchases - Rating: 4.50/5 from 2 App Store ratings - Age rating: 4+ - Requires: iOS 15.0 · 18 MB - Languages: English - Released: 2024-07-10 - Data updated: 2026-06-08 - Monetization: free with in-app purchases - User reviews in markdown: https://appshunter.io/ios/app/loantool-emi-loan-calculator/id6504997800/reviews.md ## What is LoanTool? Easily calculate your EMI based on loan amount, interest rate, and tenure with our efficient EMI calculator Loan calculator SIP calculator LoanTool accurately computes your Equated Monthly Instalment (EMI) using its efficient EMI Calculator, simplifying loan calculations and enabling users to determine EMI and access payment schedules swiftly. Use the LoanTool EMI Calculator to calculate your Equated Monthly Instalment (EMI) and plan your loan repayment effectively. You can also compare two loans effortlessly using this tool. Easily manage your finances with the LoanTool. Calculate monthly payments, loan amounts, interest rates, and loan tenure effortlessly using our EMI Calculator for car loans, home loans, and more. Main features of the LoanTool: - Efficiently calculate EMI by factoring in the loan amount, interest rate, and tenure - Compare different loans to make better decisions. - Check out the handy table format for easy viewing of your EMI payments! - Graphically represents the loan tenure. - Get immediate access to clear and easy-to-understand statistical charts. - Track important monthly statistics including principal, interest, and remaining balance to gain valuable insights and make informed decisions. - Multi-language support - Serves as a versatile tool for loan, SIP calculations, RD calculations, and many more. The LoanTool app is essential for anyone considering a loan, whether for a car, home, education, or expenses.. This app simplifies the process of calculating monthly instalments and empowers users to make informed financial decisions. It includes features like loan comparison, graphical representations of loan tenure, instant statistical chart generation, and more. It's a comprehensive tool for financial planning and budgeting. Whether you're an individual or a financial planner, it's a wise decision to download the LoanTool app today! Information about the auto-renewable nature of the subscription. Confirm subscription: Payment will be charged to the iTunes Account at confirmation of purchase. Manage subscriptions: Users can manage or unsubscribe in iTunes & App Store account management in the phone system settings. Auto-renewal: Apple iTunes account will be charged for renewal within 24 hours before the current subscription period ends. To cancel the renewal, please turn off auto-renew manually at least 24 hours before the end of the period. No cancellation of the current subscription is allowed during the active subscription period. Free trial: A free trial (if any) will automatically renew the version upon expiration. You can go to the Account Settings to cancel the renewal before the trial ends. The current free trial will be forfeited when you purchase a subscription to the premium version before the trial period ends. By using the app, you confirm that you acknowledge and accept our Privacy Policy: Privacy Policy: https://sites.google.com/view/loantool-emi-calculator17/home Terms and Conditions: https://loantoolcalculator.blogspot.com/2024/07/terms-and-conditions-for-emi-calculator.html ## Key features - EMI calculation - Loan comparison - Payment schedule visualization - Statistical charts - Multi-language support - SIP and RD calculations ## Pricing and in-app purchases Base price: Free. **Subscriptions** | Subscription | Price | Period | | --- | --- | --- | | LoanTool PRO \| 1 Week | $2.99 | per 7 days | | LoanTool PRO \| 1 Month | $9.99 | per month | | LoanTool PRO \| 1 Year | $29.99 | per year | ## Frequently asked questions about LoanTool ### How does LoanTool calculate EMIs? LoanTool calculates your Equated Monthly Instalment (EMI) by factoring in the loan amount, interest rate, and loan tenure. It provides a clear breakdown of principal and interest payments. ### Can I compare different loans with LoanTool? Yes, LoanTool allows you to effortlessly compare two loans side-by-side. This feature helps you make better decisions by visualizing the differences in repayment terms and costs. ### What financial insights does LoanTool offer? LoanTool provides immediate access to clear statistical charts and tracks important monthly statistics including principal, interest, and remaining balance. This helps users gain valuable insights for informed financial decisions. ### Does LoanTool support multiple languages? Yes, LoanTool offers multi-language support, making it accessible and user-friendly for a wider audience. This feature enhances the usability for individuals who prefer to use the app in their native language. ### What are the subscription options for LoanTool PRO? LoanTool PRO offers subscription plans including 1 Week for $2.99, 1 Month for $9.99, and 1 Year for $29.99. These plans provide access to premium features and an enhanced experience. ### How do I manage or cancel my LoanTool subscription? You can manage or unsubscribe from your LoanTool subscription in the iTunes & App Store account management settings on your phone. To cancel renewal, turn off auto-renew at least 24 hours before the current period ends. ### Does LoanTool have ads? Yes, LoanTool contains advertisements. These ads are displayed to support the free version of the application. ### What devices is LoanTool available on? LoanTool is available on iPhone and iPod devices. It is designed to be compatible with these Apple mobile platforms. ## Version history (last 3 releases) ### 1.2 — 2024-07-24 New Design Updated App icon updated ### 1.1 — 2024-07-11 Minor correction ### 1.0 — 2024-07-11 No release notes. ## Apps similar to LoanTool | App | Rating | Price | Category | | --- | --- | --- | --- | | [Financial Calculator: Percent](https://appshunter.io/ios/app/financial-calculator-percent/id957134762) | 4.7 (14,099) | Free | Finance | | [Loan Calculator‰](https://appshunter.io/ios/app/loan-calculator/id558688927) | 4.9 (95,650) | Free | Finance | | [EMI Calculator : Loan Manager](https://appshunter.io/ios/app/emi-calculator-loan-manager/id1491902865) | 4.8 (552) | Free | Finance | | [FairMoney: Loan App In Nigeria](https://appshunter.io/ios/app/fairmoney-loan-app-in-nigeria/id6456485223) | 4.6 (13,732) | Free | Finance | | [Trade W - Investment & Trading](https://appshunter.io/ios/app/trade-w-investment-and-trading/id1617017221) | 3.8 (247) | Free | Finance | | [EasyLoan MN](https://appshunter.io/ios/app/easyloan-mn/id1552667550) | 2.9 (89) | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-08.*