• Hi All

    Please note that at the Chandoo.org Forums there is Zero Tolerance to Spam

    Post Spam and you Will Be Deleted as a User


  • When starting a new post, to receive a quicker and more targeted answer, Please include a sample file in the initial post.

EMI Calculator


New Member

I am always confused with calculations for home loan EMIs (especially pre-payment logic).

Do you have any excel template which does this neatly.



New Member
You can use excel formulas PMT, PPMT and IPMT to calculate the EMI, Principle portion of EMI and Interest portion of EMI. PMT gives one value. PPMT changes based on the installment number (month).

You can write correct formulas once you know the pre-payment conditions and terms.


New Member
You can see examples of these formulas here: http://chandoo.org/excel-formulas/pmt.html

http://chandoo.org/excel-formulas/ipmt.html http://chandoo.org/excel-formulas/ppmt.html