What is VISUAL EMI Calculator?
VisualEMICalculator.com is an online tool designed to help users calculate EMIs for various types of loans. You can also simulate the impact of extra payments or increasing EMIs annually to understand potential interest savings and reduced loan tenures.
Problem
Users need to calculate EMIs for various loans manually or using basic calculators.
Lack of tools for simulating the impact of extra payments or increasing EMIs, leading to difficulty in understanding potential interest savings and reduced loan tenures.
Solution
Online tool
Allows users to calculate EMIs for various loans and simulate the impact of extra payments or increasing EMIs annually.
Calculate EMIs and simulate potential interest savings.
Customers
Individual loan borrowers, financial advisors, and personal finance enthusiasts looking to optimize loan repayments and save on interest.
Unique Features
Ability to simulate the impact of extra payments and increasing EMIs annually.
User Comments
Users find it easy to use and understand.
The tool is appreciated for providing visual insights.
Some users suggest adding more customization options.
It effectively helps in planning loan repayments.
The interface is user-friendly.
Traction
Newly launched product on ProductHunt.
Gaining attention due to its unique visualization feature.
Market Size
The global loan management software market, which could encompass such tools, was valued at $3.45 billion in 2020 and is expected to grow.
