EMI Calculator

EMI Calculator adds an equated monthly instalment (EMI) calculator to any page or post with a shortcode. Visitors set the loan amount, the interest rate and the tenure with sliders or by typing, and see the monthly EMI, the total interest payable and the total of payments straight away. It works for home loans, car loans, personal loans and any other loan repaid in equal monthly instalments.

Features

• EMI calculation from loan amount, interest rate and tenure
• Sliders and number fields for the loan amount and interest rate
• Tenure in months or in years
• Results: monthly EMI, total interest payable and total of payments (principal plus interest)
• Principal versus interest pie chart in a popup
• Choice of currency (INR, USD, GBP, EUR, JPY, RMB), shown as a code or as a symbol
• Lightweight: the chart is drawn by the plugin itself, with no external chart library loaded
• Customizable look through the plugin stylesheet

How to use

Add the shortcode to a page or post:

[rio-emi-calculator]

Then open “Rio EMI Calculator” in the WordPress admin menu to choose the currency and whether it is shown as text or as a symbol. The calculator is displayed on single posts and pages.

What is EMI?

An Equated Monthly Instalment (EMI) is the fixed amount you pay your bank or lender every month to repay a loan with interest, until the loan is fully repaid. See “How is EMI calculated?” below for the formula.

Who it is for

Banks and loan agents, loan comparison sites, real-estate and car-dealer websites, and finance blogs, especially for audiences in India and South Asia where EMI is the usual way to quote a loan payment.

External services

The calculator title links to https://www.calculator.io/emi-calculator/ (or its translation for the site language); nothing is sent unless a visitor follows the link.