interest calculate for unsecured loans option should be added.
please add a feature to calculate the interest. Another account app gives this facility. so Zoho should also add this basic feature. We are using Zoho Books paid subscription. id is agolecha@arfashions.in
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Bestsmag commented
For anyone who has decided to apply for a loan, the most important question will always be: "the amount of the upcoming overpayment." So, you can calculate the approximate amount of the overpayment on almost any official bank page with the help of a loan calculator. Brokers https://hurtigudbetaling.dk/ also provides a calculator to calculate.
To avoid entering every bank, use simple formulas for calculating loans. Banks use two methods to calculate the interest rate: annuity and differential. The main difference between each method is the rate of interest payment on the loan. Payment amount = loan balance*% on the loan*number of days/100/365 -
Masterkingk commented
I would like to calculate the interest on the loan