[Free] EMI Calculator extension


EMI or equated monthly installment, as the name suggests, is one part of the equally divided monthly outgoes to clear off an outstanding loan within a stipulated time frame.
The mathematical formula to calculate EMI is: EMI = P × r × (1 + r)n/((1 + r)n - 1) where P= Loan amount, r= interest rate, n=tenure in number of months. ... The higher the loan amount or interest rate, the higher is the EMI payments and vice versa.

Picture of all the blocks


Download link

com.AK_Tech.EMICalculator.aix (6.0 KB)


It's great that you built an extension, but I don't think everyone knows banking. Most people reading your description of an extension can only conclude that they don't know what is it and what for. Add a few sentences explaining what EMI is, add a block with example data.


Nice math extension @Aarush_Kumar. As being a math geek, I can attest to banking becoming complicated with many formulae, and equations. You made at least one simple.


i need to calculate loan amount using EMI how to do