Loan EMI ??

This query is : Resolved

AMIT (Querist)
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01 June 2010 Loan of Rs. 100000 @ 8% PA with 24 months

Emi comes to 4523

how to take out principal and interest from emi ??

manually
and not with a bank chart or through computer software

Sunil Kr. Sanganeria

Sunil Kr. Sanganeria (Expert)
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01 June 2010 The bank/ Financila institution will provide you a chart showing amount of Principal and Interest in each instalment paid.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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01 June 2010 Pl use the following link to know EMI/interest portion/principal portion.
http://www.propmart.com/tools/emicalc.asp?flag=1

Rahul Gupta

Rahul Gupta (Expert)
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01 June 2010 The link provided by Mr. Warrier is not working directly. Get to it in the following way >
1. Go to www.propmart.com.
2. Then on the bottom of the page, click on EMI Calculator.
3. Fill in the details there and then click on the amortization schedule.
You will get the details of interest and principal.

Thanks MR. Warrier for the link.

AMIT

AMIT (Querist)
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02 June 2010 thanks for Answer,

i know that sir,

but i want to calculate myself on Calculator,

how can i take Principal and Interest from 4523 Emi, manually ???

Manek Amit

Manek Amit (Expert)
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15 June 2010 give me your mail i d or mail me ur id
i will send you repayment schedule in excel sheet from that you can calculate the emi and principal portion easily.