Formula
let p = parseFloat(principal);
let r = parseFloat(interest);
let n = parseFloat(time);
let actualRate = parseFloat(r / 12 / 100);
let calcemi = p * actualRate * (Math.pow(1 + actualRate, n) / (Math.pow(1 + actualRate, n) - 1));
Loan Calculator Next js Source Code
Get the source code of the loan calculator or EMI Calculator in Next JS
Build with the help of react hook
Loan calculator in React JS with source code
Steps to Run
1. Download the source code
2. Open a terminal
3. Type the command npm run dev
