This Android App helps making huge savings on your loan in India by taking some smart decisions.
Based on your financial situation you can use this slider to find out yourself the interest you can save by just raising your current EMI by a few thousand per month on your home loan. The savings are displayed without any extra clicks, just slide and see for yourself.
Every now and then you may accumulated some wealth (bonuses, sales, onsite visits etc.) which you want to invest. A logical thing to do is make part-payments for your loan. But you have the obvious question in mind, when to do and ahow much to do, right? Using EMI Expert, it provides you the option to add different amounts in different months and see for yourself the savings you can make. You can always try different options to find the right match to your financial situation.
You can email the amortization chart of the new and old situation, the comparison charts etc. so that you can keep it for your record.
This App will help you achieve taking some small but critical decisions which might just save you lots and lots of money (in many Lacs of rupees if not less).