Loan Calculator IQ

Calculate loan installment and repayment period with this loan calculator app!

Loan Calculator IQ - Easy Loan Management

"Loan Calculator IQ" is a versatile loan calculator app that allows users to compute monthly payments, interest rates, loan amounts, and terms for various loans. With features like interactive graphs, amortization schedules, and pie charts to visualize loan costs, it provides comprehensive assistance for managing mortgages, car loans, and student loans. Available for free from Handy Apps, it simplifies the loan calculation process for anyone seeking financial clarity.
Install from Google Play Store

App stats

Version: VARY (Last updated: 2019-10-08)
Creation date: 2013-12-18
Permissions
Other:
  • receive data from Internet
  • view network connections
  • full network access
  • prevent device from sleeping

Ranking

Other platforms

Not available on Chrome
Not available on Firefox
Not available on Edge
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App summary

Loan Calculator IQ is useful for anyone who wishes to take up a mortgage from the bank, an auto loan to purchase a car or simply loan money to a friend.

Basic EMI Calculator for your Mortgage, Car Loan or Student Loan:
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Whether you are taking a student loan or a housing loan, the most common question you will have is how much do you have to pay every month and for how long.

All you need to do is to provide the loan amount, repayment period and interest rate, this Loan Calculator quickly computes the equated monthly instalment (EMI) you need to pay in order to service the loan.

Apart from the usual monthly payment calculation, this Loan Calculator app also enables you to calculate any one of the following attributes based on the inputs from the other 3:

a) Monthly or Yearly Payment for your Home Loan, Student Loan or Car Loan
b) Interest Rate charged by the bank
c) Loan Amount
d) Loan Term

How to use this Loan Calculator app:
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Select the variable that you wish to calculate, key in the input for the other 3 variables and the result will be generated for you.

You can also generate a pie chart that shows you your total interest & loan amount as a percentage of your total repayment

On top of that, interactive graphs and comprehensive loan amortization schedules are available in this free loan / mortgage calculator app.

Loan Calculator IQ is brought to you by Handy Apps and is completely free to use.

Download this Loan / Mortgage Calculator now!

User reviews

These summaries are automatically generated weekly using AI based on recent user reviews. Google Play Store does not verify user reviews, so some user reviews may be inaccurate, spammy, or outdated.
Pros
  • Simple to use
  • Useful for loan calculations
  • Great for work-related calculations
Cons
  • Excessive ads
  • Errors in calculations
  • Limited payment options
Most mentioned
  • Ads are distracting
  • App crashes or resets input
  • Lack of weekly payment option
User reviews
Takes forever to start up
by Isah Nick, 2024-03-11

I like it works well, however I just want to pay the developer to get rid of the adds and have the option to have weekly and fortnightly payment.
by Sean Trewartha, 2023-03-05

No way to vary payments to evaluate best payoff options.
by James Dimock, 2022-12-01
View all user reviews

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