A normal EMI calculator returns the EMI on a specific loan amount, rate of interest and tenure. Whereas a moratorium calculator returns the increase in EMI, interest or tenure on a particular loan balance amount, interest rate and the set loan tenure. A moratorium doesn’t mean that the pending EMIs are waved off. It just means that the EMI payments for a particular period have been postponed.
Once you’ve opened up a moratorium EMI calculator, you would have to enter a few fields which are required as input. The inputs required to calculate EMI for the moratorium: loan amount, interest rate, tenure, the moratorium period and the number of EMIs paid up to date. Once you submit the moratorium calculation request, the result will be displayed.
Additional Reading: What is the COVID-19 Loan Moratorium Calculator