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Online EMI Calculator :

Online EMI Calculator
Online Emi Calculator
Loan Amount

Interest Rate

Loan Tenure

Total EMI


Total Interest


Total Payments


EMI Calculator :
  • Equated Monthly Installment [ EMI ] can be able to calculate the emi amount for month.
  •  An equated monthly installment (EMI) is the amount that a loan borrower pays every month in order to repay the money borrowed.
  • There is a particular date each calendar month by which the EMI should be paid by the borrower.
  • This amount has to be paid monthly.
  • The interest component of the EMI would be larger during the initial months and gradually reduce with each payment.
  • The exact percentage allocated towards payment of the principal depends on the interest rate.
  • Even though your monthly EMI payment won’t change, the proportion of principal and interest components will change with time. 
  • With each successive payment, you’ll pay more towards the principal and less in interest.
  • Finally, it is called as EMI Calculator.
EMI Calculation Formula :
  • Formula for EMI Calculation is as well as P x R x (1+R)^N / [(1+R)^N-1]
  • Where likewise,
  • P = Principal loan amount.
  • N = Loan tenure in months.
  • R = Monthly interest rate.
  • R = Annual Rate of interest/12/100.
How to Calculate ?
  • Enter the Loan Amount , Interest Rate and Loan Tenure.
  • Either use the slide to increase the amount or decrease the amount that you needed.
  • When you finally enter the details of the amount and then you will finally get the result.
  • Finally the result will be , Total EMI , Total Interest and Total Payments.
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