Want to close your loans faster? Here is a loan tracker app that will keep you motivated to prepay your loan faster and make you "debt free"
This app provides you a graph and a calculation sticky (interest and principal portion of your EMI) for every month and lets you edit the EMI or interest rate to see how it affects your loan
Features:
1. Do "what if" analysis by changing the EMI and/or interest rates in the present/future to plan better
2. See the impact of interest rate changes by the bank on your loan tenure
3. Manage multiple loan accounts
This app can be used to track:
1. Housing Loans
2. Personal Loans
3. Car/Bike Loans
NOTE: This app assumes "daily reducing balance" type of loan to calculate the interest portion of the EMI paid every month
