Interest Calculator

Interest Calculator Interest Calculator helps you compute simple and compound interest fast using principal, percentage, and dates. Save/share results, manage lending and borrowing in Interest Book, and sync data by email—works offline.

Interest Calculator

Interest Calculator helps you work out interest using an amount in rupees and a percentage rate. The app supports calculations over a selected date range or a set duration. After you finish, you can save your result and share it.

You can also use the Interest Book to store and manage all interest records—covering both lending and borrowing details. Interest is calculated up to the current date. The app also lets you sync your data to your email account.

About

Not sure how to calculate interest? Don’t worry. Interest Calculator, created by MVLTR Apps, is designed to make village-style interest calculations simpler and faster. It’s a straightforward, easy-to-use app meant for people who often need to calculate interest on money borrowed from relatives or friends.

With this app, you can calculate both simple interest and compound interest. Need results based on percentage or based on rupees? You can do both. Just enter the principal amount, the given date, and the return date, and the app will instantly show the interest due—so you can estimate what’s owed quickly and accurately.

A main strength of Interest Calculator is that it lets you switch between simple and compound interest modes, so you can handle different interest situations with less effort. You can also save your calculations for later and share them when needed—useful for both personal and work-related use.

Interest Calculator works on Android phones and tablets and doesn’t require an internet connection. No personal information is needed, helping protect your privacy and security.

Note: While the app provides guidance, investors should always do their own checks before making any financial decisions. MVLTR Apps is not responsible for any differences in interest values that may come from using the app.

Features

Simple and Compound Interest Calculations

• Simple Interest: calculated only on the principal.
• Compound Interest: calculated on the principal plus the interest that has already accumulated.

Loan EMI Calculations

• Helps calculate monthly loan payments (EMI) using principal, interest rate, and loan duration.

Savings Calculators

• Estimate how much you should save regularly to reach a target amount.

Flexible Interest Rates and Compounding Periods

• Supports different interest rates (including changing rates).
• Lets you choose how often interest compounds (such as monthly, quarterly, or yearly).

Detailed Payment Schedules

• For loans, it can generate a full schedule showing how payments split into principal and interest.

Visualizations

• Some versions include charts or graphs to show how loans or investments grow over time.

Loan Comparison

• Compare multiple loan options with different interest rates and loan terms.

Interest Book / Record Keeping

• Allows you to save and manage interest calculations, including lending and borrowing records.

Date Range / Duration Calculations

• Set a date range or duration to calculate interest for the exact period you need.

Conclusion

If you’ve been wondering how much interest your savings or deposits can earn, this app is the right tool. Thanks to a simple interface, you can calculate and separate the interest easily—whether it compounds monthly or not.

Planning ahead? The app can help you figure out the monthly savings amount needed to reach your target. Want to know how much you’ll receive at the end of a deposit or savings period? You can calculate that too.

Try the deposit and savings interest calculator and make smarter financial decisions today. See how powerful compounding interest can be!

What’s New

• Phone number added for book records.
• Resolved “Book Performance” issue.
• Resolved “EMI Calculator” issue.
• Minor bug fixes.



• Hindi, Telugu, and Kannada language support added.
• Bug fixes: partial payment interest amount not updating when the date changes.
• Partial payment remaining amount can now be changed.
• New functionality added: Interest Book and EMI Calculator.
• Version 2.0 UI update.
• Performance improvements.