Calculator Calculates Equated Instalments of Loan. Equated Instalments may be Yearly, Half Yearly, Quarterly, Monthly etc. Result of calculations is shown in tabular form. The Interest and Loan component included in each Equated Instalment is also shown in calculations. This will help consumers who have taken Housing loan to know the amount of deductions available under Section 24 and 80C (Limit raised to Rs 150000/- during Financial Year 2014-2015) of Income Tax Act.