In this application, we have provided the following financial calculators:
1. SIP (Systematic Investment Plan) Calculator: Calculate the future value of investments made through a SIP. Enter your initial investment, monthly contribution, investment duration, and expected annual return rate to see how your investments will grow over time.
2. EMI (Equated Monthly Installment) Calculator: Determine the monthly installment for a loan based on the principal amount, interest rate, and tenure. This helps you understand the monthly payment needed to repay a loan.
3. Compound Interest Calculator: Calculate the future value of an investment with compound interest. Input the principal amount, annual interest rate, and the number of years to see how your investment will grow with compounding.
4. Retirement Savings Calculator: Plan your retirement savings by calculating how much you need to save to reach your retirement goals. Enter your current savings, monthly contribution, years to retirement, and expected return rate to see your future savings.
5. Loan Affordability Calculator: Determine the maximum loan amount you can afford based on your monthly income and expenses. This helps you understand how much you can borrow without overstretching your finances.
The design of this app has been kept user-friendly to ensure a smooth and intuitive experience.