Car Loan Calculator

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APK Description:

Very Simple Easy To Use Design To Give Our User Very Good Experience To Use The App
CAR LOAN CALCULATOR
having a four wheeler is something which everyone want to have. the interesting thing to know about a car is that having a car is average in countries like America and some countries it is still a luxury thing. here are some people who don’t have money for onetime payment but can pay in some instalment.
For these people the option that they can get a car loan to give an ultimate relief. Now if you’re one of those who wants to take credit for that purpose the car loan calculator will help you out.
Car loan calculator advantages
• The very first thing about car loan calculator is that this gives you a brief idea about how much you have to pay in a month for the loan which you have taken.
• The best thing about this calculator is that it will provide you with a comprehensive look, for all of your repayment and amount which is left to pay.
• You can view out, various parts of repayment value.
What is the car loan calculator?
• The car loan calculator is, actually an EMI calculator which will help you to find out which loan will be suitable for you and this will also help you out in managing the investment.
Car loan calculator
E = p.r. (1 + r)^n/((1+r)^n -1)
Here in this formula, E is the EMI which you have to pay for the loan amount.
• P, where P is the Car principal amount; this means that amount of loan which you have taken for your car.
• R is the interest rate that will be applied to you on your loan, taken.
• N is the loan tenure, which will be in the form of months always.
How To Use - Car Loan Calculator
1- Open EMI Calculator
2- Enter your Remain Loan Amount in - Loan Amount
3- Enter Your Interest Rate (it's depend on your country and bank )
4- Enter Your Remain Loan Time (it should be in months )
That's it - You Will Get Your EMI

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