* Performance Improvement.
* Bug Fixes.
Loan & Lending Manager
## About Application
This is a Free and Open Source application used to manage Loans and Lending of Money for Personal or Business purposes.
All the data are synced across the cloud, even if you change your device you can get all your data in the new device.
You can log in to our application using Google SignIn, Email or without any information i.e Anonymous Login. Cloud sync is available for both Google and Email login.
### List of details can be saved for Loan Account
1. Loan Type
2. Account Name (NickName)
3. Loan Amount
4. Loan Tenure
5. Loan Interest Rate
6. Loan Start Date
7. Account Number
8. Bank Name
9. Customer Care Number
10. Customer Card Email
11. Bank Contact Person
12. Notes (quick info about loan)
13. Part Payment (if any)
14. Advance Payment (if any)
15. Processing Fee (if any)
16. Insurance Charge (if any)
17. Other Charges (if any)
18. Moratorium Enrolled
19. No. of Month Enrolled in Moratorium
20. Moratorium Type
### List of details can be saved for Lending Account
1. Lend Amount
2. Lend Interest
3. Borrower Phone Number
4. Borrower Email Address
5. Borrower Person Name
6. Notes (quick info about lend)
## Minimum and maximum period for repayment
* Minimum Period is 3 month
* Maximum Period is 30 Years
## Maximum Annual Percentage Rate (APR)
* Min 6% and Max 45% interest
## Example EMI Calculation
Principal Amount = 150000
Rate of Interest = 10
Duration of Repayment = 3 years (36 month)
EMI = [P x R x (1+R)^N]/[{(1+R)^N}-1]
EMI = [150000 x 10/(100*12) x (1.0083)^36]/[{(1.0083)^36}-1]
= {1250 x 1.3482}/0.3482
= 4840
## There is no extra charges or Fee or Insurance Charges or Processing Fee on this App
## Source Code
All source code is open, visit https://github.com/Aravin/loan-manager
## Feature Request
Contact us, for any new feature requests.
## Bug Report
You can report bugs from open-source application GitHub: https://github.com/Aravin/loan-manager/issues
### Thanks
Thanks for using our application.
