read ur article about EMI calculation, liked it, its vry useful.Can you also do an article on floating interest loans, where when the interest rate goes up, the EMI
remains constant, but the time period of repayment increases. If you could let us know how to calculate the
new time period of repayment when the interest goes up by say 0.5 % midway during the period of repayment. Thank you.
Really it is very good article, but the calculation is available in excel only, if you could further explain those calculation in simple way, where a normal person also can do the calculation himself on his calculator instead of doing it on excel, as most of the people can not access PC. and also as requested by others also kindly tell us the calculation on varios optionss which is avaialble in market