Heres the excel base EMI calculator. Now you can calculate your interest and principal component of loan or for loan your are looking for.
12 Replies
Kalyan Kumar V
(Student)
(30 Points)
Replied 25 July 2008
hi friends,
please send me the excel calculator for calculation of EMI on loans
Thank you,
kalyan
(Guest)
| Originally posted by :Rajesh | ||
| " | Heres the excel base EMI calculator. Now you can calculate your interest and principal component of loan or for loan your are looking for. | " |
May be you would like to look at this, https://cpmlive.wordpress.com/2008/11/08/advance_loan_amortization_emi_calc/
ashwini kumar sharma
(retired engineer)
(23 Points)
Replied 10 January 2009
IT IS VERY USE FUL TOOL.THANKS.
vishnu
(Manager)
(22 Points)
Replied 30 March 2009
You can try the excel EMI calculator and check the results. It uses the same parameters such as loan amount, rate and tenure to generate an EMI chart.
Thanks,
jitendra
(cc)
(42 Points)
Replied 03 January 2017
As per my practical experience EMI Calculator will be more appropriate in correct results and in prompt action. It is one of the helpful tool that will make you familiar with the existing and the future monthly amount paid as installments
PARUL YADAV
(finance expet)
(93 Points)
Replied 11 July 2024
An Excel-based EMI calculator is a useful tool for calculating Equated Monthly Installments (EMI) for loans. By inputting the loan amount, interest rate, and loan tenure into the Excel sheet, you can easily compute your EMI. For instance, if you take a personal loan from Kotak Mahindra Bank, you can use their interest rate and the desired tenure to calculate your monthly EMI using the PMT function in Excel. This helps in planning your finances effectively and comparing different loan options to choose the best one that suits your needs.
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