EXCEL BASED CALCULATOR FOR LOAN EMI
68calculator of loan
Excel Spreadsheet to view loan amortization schedule with extra
payments option. This calculator accommodates loan upto 20 years.
This calculator has the option of extra payment too which is very easy to work
How Loan Calculator with Extra Payments Works?
Simply enter:
1. Loan Amount:-Simply enter the loan amount for which you have applied for/have the loan of that amount. It's a simple procedure to enter the loan amount
2. Annual Interest Rate:- Annual interest rate is the rate on which your loan is passed or applied for. IS it a fixed loan account or the dimnishing interest rate
3. Loan Period in Years:- simple enter the tenure of the loan.
4. Number of Payments per Year:- Is it the monthly or quartly or weekly simple enter like
If there is monthly payment enter 12
if there is quartly payment enter 4
weekly payment enter 52
5. Date:- tell whats the loan date and emi date
Now you can view total, principal and interest payments. Also you can make extra payments each period
Simple copy & paste the following link to download calculator
http://nitinaggarwal.webasyst.net/files/3ff6eb8b
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