This plugin hasn’t been tested with the latest 3 major releases of WordPress. It may no longer be maintained or supported and may have compatibility issues when used with more recent versions of WordPress.

Rio Emi Calculator

Description

A simple to use Emi Calculator widget that can be added via a shortcode in post content or page.

Features

  • Easy to install and use.
  • Lightweight and user friendly plugin.
  • Customizable design.

Screenshots

  • Emi Calculator Widget.
  • Plugin Backend Settings.

FAQ

How to Install the plugin?

1.Activate Rio Emi Calculator from Plugins Menu.
2.Check Enable the Plugin from options page.
3.Use shortcode [rio-emi-calculator] in page/post to display the widget.

How is Emi calculated?

An Equated Monthly Instalment (EMI) is usually a fixed amount of money that you need to pay your bank or lender every month as repayment of a loan taken, until your loan is totally repaid.

The formula to calculate an EMI:

EMI = [P x R x (1+R)^N]/[(1+R)^N-1]

P =loan amount or Principal

R = Interest rate per month
[To calculate rate per month: if the interest rate per annum is 14%, the per month rate would be 14/(12 x 100)]

N = the number of installments

How to get support from developer?

You can reach the plugin developer at keerthanariosis@gmail.com for support.

Reviews

December 1, 2020
This is exactly the plugin I want.Thank You So Much.I am very happy to find this plugin.It is one of the best Loan EMI Plugin.Easy to Use & Easy to setup.Thank You.
Read all 1 review

Contributors & Developers

“Rio Emi Calculator” is open source software. The following people have contributed to this plugin.

Contributors

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Interested in development?

Browse the code, check out the SVN repository, or subscribe to the development log by RSS.