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Sunday, 10 July 2016

Loan EMI Calculator with variable ROI

Equated Monthly Installment, i.e., EMI is the sum of amount payable at regular interval mostly monthly to the financial institution until the loan amount is fully paid off. It consists of the interest on loan as well as part of the principal amount.

I have created a Loan EMI Calculator to help my readers to calculate the term. It can also help you to change the ROI as and when reduce by your bank. We can also see the effect of down payment or increase in EMI.
  1. Enter your Loan Amount in cell D4
  2. Enter your ROI in E column
  3. Enter your EMI in G column





You can download it from Google Drive.

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