Comparison

EMI Calculator vs Loan Tool

Price, ratings, monetisation and update history for both apps, side by side โ€” with what reviewers say about each.

Head to head
About

EMI Calculator

Features
Read full description

If you want fast Calculator for Loan amount or you want to track all of your Loans, this is application for you. This smart and handy app is one stop solution to your financial calculation for any type of loan. You can easily calculate, track, analyze and get the information related to your financial investment. This app is the advanced Financial Tool that is useful for day to day life with all useful features and keeps up to date with the latest news. MAIN FEATURES: โ— EMI Calculator is the special kind of calculator that calculates your Loan EMI. โ— This app allow you to calculate following values by inputting all the other values: - EMI - Loan Amount - Interest Rate - Period (In Months and Years) โ— Easy option available to compare between two loans. โ— Calculate EMI on monthly basis. โ— Statistics shows Principal Amount, Interest rate and remaining balance per month. โ— Easy GST Calculator option provides option to find taxes to be paid by adding or removing GST amount. โ— Get upto date with latest Finance and Money related news using Google News. โ— Calculate EMI: Enter Amount, Interest Rate (%) and Loan Tenure (Years / Months) to calculate EMI. โ— Generate the Amortization Details/Repayment Schedule of the Loan. โ— Calculate monthly payment EMI, Total Interest and Total Payment (Principal + Interest) โ— Easily compare two loans with different parameters โ— You can change variable interest rate, loan prepayment, fees and charges are also available with loan profile and can be modified at any time. Loan Types that you are applied for : - Bank Loan, Simple EMI Calculator for Bank Loan, Personal Loan etc. - Personal Loan - Education Loan - Mortgage Loan - Property Loan - Car Loan - Home Loan - Home Applience Loan - Mobile Loan - For any Loan Calculator Using our GST calculator, Enter your Loan Amount, Tenure and Rate of Interest to get your EMI. GST Calculator - Personal Loan & Finance Planner useful terms for finacial calculations : - Latest EMI Calculator - Easy Loan & Finance Planner - Free EMI Calculator - Personal Loan & Finance Planner - Quick Financial Calculator - Simple Mortgage EMI Calculator - EMI Calculator for any Bank Loan - Easy EMI Loan/Mortagage Calculator - Fastest Loan & Interest Calculator - Interest Calculator - Loan Assist, Loan EMI Calculator - Easy to use Simple & Advanced EMI Calculator

About

Loan Tool

Features
Read full description

EMI Calculator - Loan & Mortgage Planner Empower yourself with the EMI Calculator, your comprehensive tool for managing loans and mortgages effortlessly. Whether you're planning to finance a new home, vehicle, or personal expense, this app provides all the necessary calculations with precision and convenience. Key Features: 1. Easy-to-Use Interface: Navigate through calculations effortlessly with a user-friendly interface designed for quick inputs and instant results. 2. Versatile Loan Types: Calculate EMIs for various types of loans including home loans, car loans, personal loans, and more. Each calculation is tailored to the specific parameters of the loan type you choose. 3. Detailed Amortisation Schedule: Gain insights into your loan repayment journey with detailed amortisation schedules. Track how each payment contributes to both principal and interest over the loan tenure. 4. Customisable Inputs: Adjust loan amount, tenure, and interest rates dynamically to explore different scenarios and understand their financial implications. This flexibility allows you to plan your finances effectively. 5. Save and Share Calculations: Save your calculations for future reference or comparison. Share detailed loan schedules with family members, financial advisors, or potential co-borrowers for informed decision-making. 6. Currency and Language Support: The app supports multiple currencies and languages, ensuring accessibility for users across different regions. 7. Offline Functionality: Access your saved calculations and perform new ones even without an internet connection, making it reliable and convenient wherever you are. โ€ข Why Choose EMI Calculator? - Accuracy: Trust the app to deliver accurate results based on standard financial formulas, ensuring reliable planning and budgeting. - Comprehensive Planning: Plan your financial commitments with clarity, whether you're calculating monthly payments or evaluating the total interest payable over the loan tenure. - Educational Tool: Ideal for students, professionals, and anyone interested in understanding the financial aspects of borrowing and lending. Download EMI Calculator today and take control of your financial future with ease and confidence!

Screenshots

EMI Calculator4 screens
Loan Tool4 screens

Verdict

The call

EMI Calculator and Loan Tool are too close to call on the numbers: across 5 compared parameters โ€” price, ads, in-app purchases and device support among them โ€” neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS

CostPrice ยท In-app purchases ยท Ads ยท Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ScorecardNo meaningful differences
EMI Calculator versus Loan Tool: the parameters behind the verdict, then further details
ParameterEMI CalculatorLoan Tool
PriceFreeFree
Update frequencyEvery 7 monthsโ€”
AdsYesYes
In-app purchasesNoNo
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS13.0 โ€” better14.0
Further details โ€” not scored
Size5 MB45 MB
Age rating4+4+
DeveloperAxita GhevariyaKiritkumar Bhayani

In-app purchases

None

EMI Calculator

No in-app purchases

None

Loan Tool

No in-app purchases

Questions

Is EMI Calculator free?
EMI Calculator is free to download, with no in-app purchases.
Is Loan Tool free?
Loan Tool is free to download, with no in-app purchases.
Do EMI Calculator or Loan Tool have ads?
Both EMI Calculator and Loan Tool show ads.

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