1 Loan Amount 595000 1

2 Self Down Payment 150000 2

3 Net Loan Amount P 445000 3
4 RoI per annum R 12 4
5 RoI per month R 0.01 5
6 Loan for total no of months N 48 6

EMI By Mathematical Formula 11719

EMI By Excel Direct Function ₹ -11,719

1 Loan Amount 500000

2 Self Down Payment 0
3 Net Loan Amount P 500000
4 RoI per annum R 12
5 RoI per month R 0.01
6 Loan for total no of months N 120

EMI By Mathematical Formula 7174 860825.6904

360825.6904
EMI By Excel Direct Function ₹ -7,174
 Suppose you are paying a quarterly instalment on a loan of Rs
10 lakh at 10% interest per annum for 20 years.

Loan Amount 1000000

Self Down Payment 0 ₹ -34,206.26
Net Loan Amount P 1000000 12
RoI per annum R 10 8208000
RoI per month R 0.033333333333
Loan for total no of months N 20

Mathematical Formula 69304 0.006916666667

Excel Direct Function ₹ -69,304