EMI Calculator Plus
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"Equated Monthly Installment" (EMI) Calculations made ea Section 1: Define what you need to find out: Section 2: Basic details of the Loan: Loan amount 1,500,000.00 No of Installments (months) 120.0 Interst rate / year 9.00% Monthly Premium 22,021.72 Section 3: Additional Info on the loan: Total Amount paid 2,642,606.72 Extra Amount paid 1,142,606.72 Extra Amount paid / month 9,521.72 Extra Amount / EMI in % 43.24% Section 4: Calculation for tax saving (Projections Date of 1st EMI 5-May-15 Year of taxing 2,015 Cumulating Interest Payed 0 Cumulating Principle Payed 0 Section 5: Plot the Principle/Interest for the Loa Plot What Interest Year Count Year 1 2016 0.10 1 2 2017 0.27 1 3 2018 0.30 1 4 2019 0.34 1 5 2020 0.39 1 Amount Distribution (in Lakhs, 100K)
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Transcript of EMI Calculator Plus
"Equated Monthly Installment" (EMI) Calculations made easy.Section 1: Defne what you need to fnd out:Section 2: Basic details of the Loan:Loan amount 1,500,000.00No of Installments months! 120.0Inte"st "ate # yea" $.00%&onthly '"emium 22,021.(2Section ): *dditional Info on the loan:+otal *mount ,aid 2,-.2,-0-.(2/0t"a *mount ,aid 1,1.2,-0-.(2/0t"a *mount ,aid # month $,521.(2/0t"a *mount # /&I in % .).2.%Section .: 1alculation fo" ta0 sa2in3 '"o4ections!Date of 1st /&I 55&ay5156ea" of ta0in3 2,0151umulatin3 Inte"est 'ayed 01umulatin3 '"inci,le 'ayed 0Section 5: 'lot the '"inci,le#Inte"est fo" the Loan Life'lot 7hat Inte"est6ea" 1ount 6ea"1 2016 0.1012 2017 0.2713 2018 0.30 14 2019 0.3415 2020 0.3916 2021 0.4317 2022 0.4918 2023 0.551*mount Dist"i8ution in La9hs, 100:!2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 20380.000.501.001.502.002.503.009 2024 0.62110 2025 0.70111 2026 0.79112 2027 0.89113 2028 1.00114 2029 1.13115 2030 1.27116 2031 1.43117 2032 1.62118 2033 1.82119 2034 2.05120 2035 2.31121 2036 2.60122 2037 0.00023 2038 0.00024 2039 0.00025 2040 0.00026 2041 0.00027 2042 0.00028 2043 0.00029 2044 0.00030 2045 0.00031 2046 0.00032 2047 0.00033 2048 0.00034 2049 0.00 035 2050 0.00036 2051 0.00037 2052 0.00 038 2053 0.00039 2054 0.00040 2055 0.000212014 2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 20380.000.501.001.502.002.503.00"Equated Monthly Installment" (EMI) Calculations made easy.;ow to use this@17 &13?278.43 1?152?494.05 5@Se"@17 &13?378.02 1?139?116.03 5@!ct@17 &13?478.35 1?125?637.68 5@&o(@17 &13?579.44 1?112?058.24 5@Dec@17 &13?681.29 1?098?376.95 5@=an@18 &13?783.90 1?084?593.06 5@Ae.@18 &13?887.27 1?070?705.78 5@Mar@18 &13?991.43 1?056?714.35 5@1"r@18 &14?096.37 1?042?617.99 5@Ma2@18 &14?202.09 1?028?415.90 5@=n@18 &14?308.60 1?014?107.30 5@=l@18 &14?415.92 999?691.38 5@1>@18 &14?524.04 985?167.34 5@Se"@18 &=emainin3 '"inci,le afte" ,ayment+a0in3 yea"
