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Loan Comparison and EMI Payment Calculator for Windows

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Editors’ Review

Download.com staff
This Excel template assists in loan decision-making by calculating EMIs and total interest. It facilitates comparison of up to three loan scenarios, including pre-payment impacts.

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Loan Comparison and EMI Payment Calculator 0/5

  • Pros

    • Calculates EMI, total interest, and payment details.
    • Compares three different loan scenarios.
    • Allows up to 12 pre-payments per loan.
    • Generates printable loan summaries.
    • Provides detailed amortization schedules.

  • Cons

    • Requires Microsoft Excel to use.
    • Limited to three loan comparisons.
    • Pre-payment entry is capped at 12.
Icon of program: Loan Comparison and EMI P…

Loan Comparison and EMI Payment Calculator for Windows

Download now

Used Loan Comparison and EMI Payment Calculator for Windows?

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Full Specifications

GENERAL
Release
Latest update
Version
1.0
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows 10
  • Windows 8
  • Windows 7
Additional Requirements
Microsoft Excel
POPULARITY
Total Downloads
323
Downloads Last Week
12
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Program available in other languages

Last Updated

Developer’s Description

By IndZara
Compare loans and make the right choice using this Excel template
This is a simple template to help one in decision making on loans. This template takes in inputs on loan amount, interest rate and loan period, and calculates EMI, Total Interest paid during the duration of the loan, Last Payment Month and Number of Payments. It allows you to compare three different loan scenarios. For example, you can compare loans from three different banks if they have different interest rates or loan period. You can also compare how much savings you can get if you pre-pay your loan. You can enter up to 12 pre-payments for each loan. You can easily print the loan comparison summary and the detailed payment schedule (Amortization schedule).
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