Use excel to calculate student loan repayment

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As an added benefit, you can also view and even download the complete loan repayment schedule, which will help you to plan your finances in a more organized and systematic manner. It also proposes various types of EMI based on full interest, partial interest, and full EMI.

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The level of customization offered by GyanDhan’s education loan EMI Calculator is unprecedented as it provides you with the opportunity to factor in your grace period, flexible disbursals, processing fees. The amortization schedule also gives you a fair idea about how much an education loan is going to cost you by helping you calculate the total interest amount to be paid over the entire loan tenure. And that’s not all, it also details the amount of loan that you have repaid till date and how much is outstanding. It also gives you an amortization schedule which shows EMI break-up in terms of monthly interest paid and the principal repaid. GyanDhan’s education loan EMI calculator is an online tool that helps students calculate the amount they need to pay monthly after taking an education loan.

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