Description

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:

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.