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## C++ Program to Build Monthly EMI Installment Loan Calculator and Interest on Command Line

## Source Code

```
#include<iostream>
using namespace std;
int main(){
double loan_amount,interest_rate,number_of_years,total_amount,monthly_amount;
cout<<"Enter the loan amount: ";
cin>>loan_amount;
cout<<endl;
cout<<"Enter the interest rate: ";
cin>>interest_rate;
cout<<endl;
cout<<"The number of years: ";
cin>>number_of_years;
cout<<endl;
total_amount=(number_of_years*loan_amount)+(number_of_years*loan_amount*(interest_rate/100.00));
monthly_amount=total_amount/(number_of_years*12);
cout<<"Total amount to be paid: "<<total_amount<<endl;
cout<<"Total interest: "<<total_amount-(number_of_years*loan_amount)<<endl;
cout<<"Monthly amount to be paid: "<<monthly_amount<<endl;
return 0;
}
```

## Final Thoughts

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