Disclaimer
Loan Quantum aims to assist individuals in understanding the aspect of loans, such as looking at how different repayment plans work and the effects of interest rates, among other factors on a loan. We also plan to make clear the workings of loans and calculations for the same. However, it should be understood that Loan Quantum does not include lending services in its provision. All calculations included in the application are defined or conform to the standard EMI (Equated Monthly Installment) calculation formulas that are widely used in estimating loans. However, actual calculations may change slightly due to various terms and conditions set by different financial institutions. Hence the information that is provided can best serve as an insight rather than an ultimate or conclusive loan timeline provision. We advise the users to check the availability of the loan schedules and terms directly with the lenders.