I built a free EMI calculator that answers the question most loan tools skip

Описание и применение

Калькулятор EMI, работающий полностью в браузере, позволяет пользователям видеть, как дополнительные выплаты влияют на срок кредита, ежемесячный платеж и общую стоимость, а также экспортировать график погашения.

Задача

Typical EMI calculators only show monthly payment, ignoring whether extra cash should reduce tenure or EMI to save money.

Результат

The calculator provides comprehensive loan insights, enabling users to make informed prepayment decisions and potentially save money.

Рабочий процесс

• Enter loan amount, interest rate, tenure, and processing fee.
• Choose loan type preset (home, car, personal, education).
• View instant EMI, total interest, and all‑in cost.
• Generate month‑by‑month amortization schedule and export CSV.
• Simulate prepayments: choose one‑time or recurring, select reduce‑tenure or reduce‑EMI, or compare both.
• Review updated schedule and cost savings.
• Export or share results.
• Use offline, no signup required.

Доказательства

Built a calculator that handles this properly: instant EMI, total interest, and true all‑in cost…

Источник