So I am presenting a loan emi calculator which calculates the E.M.I for your loan amount as well as part it to principal and interest. The features of this calculator are as follows:-
1- It is an excel based calculator.
2- One needs to submit only Loan amount, interest rate & tenor of loan.
3- The remaining calculation will be automatic.
4- It will calculate the equal monthly installment amount with both diminishing interest rate as well as fixed interest rate.
5- Tell outstanding amount after each emi.
6- It is all to all solution for loan amortization schedule.
7- The graph of loan as well interest will also show in this calculator.
8- You can also make some extra payment each month in this calculator.
9- Applies for all type of loan like home loan, auto loan etc.
EXCEL BASED CALCULATOR FOR LOAN EMI