This is a simple Loan Amortization Calculator with a focus on providing accurate calculations, including a moratorium period. The calculator allows users to input various parameters such as loan amount, annual interest rate, loan tenure, monthly payment, moratorium months, and moratorium payment. The tool generates an amortization schedule that breaks down each monthly payment into principal and interest components.

• Accurate Amortization Schedule: The calculator provides a detailed amortization schedule, showcasing monthly breakdowns of principal and interest payments.

• Moratorium Period Support: Users can specify a moratorium period, during which only interest or a fixed payment is required. The calculator adjusts the schedule accordingly.

• Flexible Monthly Payment: Users have the option to input a fixed monthly payment. If provided, the calculator uses this value as the monthly payment; otherwise, it calculates the standard EMI.

• Early Loan Completion Information: The tool informs users if the loan can be settled before the specified tenure.

• Summary Section: A summary section displays the total interest paid and the total loan amount.

1. Loan Amount (INR): Enter the total amount of the loan.

2. Annual Interest Rate (%): Specify the annual interest rate for the loan.

3. Loan Tenure (years): Set the duration of the loan in years.

4. Moratorium Months (Optional): If applicable, input the number of months with interest-only payments.

5. Monthly Payment (INR) (Optional): Enter a fixed monthly payment towards the loan. If left as 0, the standard EMI will be used.

6. Moratorium Payment (INR) (Optional): Specify a fixed initial payment during the moratorium period.

7. Click the Calculate button to generate the amortization schedule.

Here's an example of using the calculator:

Loan Amount (INR): 50000
Annual Interest Rate (%): 12
Loan Tenure (years): 3
Moratorium Months: 3
Moratorium Payment (INR): 100

After clicking Calculate, the tool will provide a detailed amortization schedule along with a summary of the loan details.

• This calculator is especially useful for loans with a moratorium period, such as education loans.

• The monthly payment option provides flexibility for users who want to make fixed payments exceeding the standard EMI.

• The summary section gives a quick overview of the total interest paid and the total amount repaid.

Feel free to use, modify, or contribute to this open-source project.

This README provides a brief overview of your calculator, its features, how to use it, an example usage scenario, and some additional notes. Feel free to customize it according to your specific requirements.