Simple EMI calculator in Python that takes processing fee into consideration
Open a regular *nix terminal and run
wget -O emicalc.py https://raw.githubusercontent.com/imahbub/EmiCalculatorScript/main/emicalc.py && python emicalc.py
Enter all the requires inputs for your EMI and the script will output EMI as well as the sum of first EMI + processing fees. If the processing fee is lower than Minimum processing fee, then the minimum processing fee will be added to calculation.
- In terms of zero interest EMI, simply enter '0' in all the interest rate, processing fee and minimum processing fee.
- If you do not know processing fee or minimum processing fee for cash EMI, simply check your credit cards schedule of charges. Or call hotline and note the rates.