Excel base E.M.I. Calculator

hi friends,

please send me the excel calculator for calculation of EMI on loans

 

Thank you,

kalyan

thanks

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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, http://cpmlive.wordpress.com/2008/11/08/advance_loan_amortization_emi_calc/

thank u sir

IT IS VERY USE FUL TOOL.THANKS.

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,

thanksssssssssssssssssssssssss

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

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.