EMI Reckoner - Instalment in Arrears

Loan Amount 100,000.00

Period (in months) Rate of Interest EMI
120 11.00% 1,378 0.06
144 13.25% 1,390 5.76
180 13.25% 1,282 0.74
108 12.50% 1,547 664983.75
60 8.75% 2,064 1139972
228 10.00% 981 359100
254880
Ready Reckoner for EMI calculations.

How do you calculate EMI's using the above program ?

1.) Loan Amount is to be written in the Cell B2.

2.) Period is to filled in the cell A4. For Eg.: If the period for which the loan is given is 1 year,
12 has to be written in the period cell, indicating the number of months in the period.
Similarly, for 2 years this figure is 24, I.e., the number years into the number of months.
3.) Rate of interest is to be filled in the cell B4.
4.) Cell C4 in orange colour will indicate the EMI figure for the loan amount(B2), Period (A4) &
rate of interest (B4) as per your requirement. Please do not try to change the figure in the
in the EMI cell ( C4 ) as the program does not work backwards.
5.) This dynamic EMI calc. is designed for your convenience and will allow you to instantaneously
calculate the EMI based on different interest rates, repayment periods and loan amounts.

Assumption: It however, works on the premise that the first installment for repayment
starts after one month of the disbursement date.
0 797.5 800
 EMI Reckoner - Instalment in Arrears
Loan Amount 600000
Period (in months) Rate of Interest EMI
12 12.50% 53,450
24 16.00% 29,378
36 16.00% 21,094 1534 1084 450
48 12.50% 15,948
60 12.50% 13,499
180 12.50% 7,395

Ready Reckoner for EMI calculations.

How do you calculate EMI's using the above program ?

1.) Loan Amount is to be written in the Cell B2.

2.) Period is to filled in the cell A4. For Eg.: If the period for which the loan is given is 1 year,
12 has to be written in the period cell, indicating the number of months in the period.
Similarly, for 2 years this figure is 24, I.e., the number years into the number of months.
3.) Rate of interest is to be filled in the cell B4.
4.) Cell C4 in orange colour will indicate the EMI figure for the loan amount(B2), Period (A4) &
rate of interest (B4) as per your requirement. Please do not try to change the figure in the
in the EMI cell ( C4 ) as the program does not work backwards.
5.) This dynamic EMI calc. is designed for your convenience and will allow you to instantaneously
calculate the EMI based on different interest rates, repayment periods and loan amounts.

Assumption: It however, works on the premise that the first installment for repayment
starts after one month of the disbursement date.