EMI Calculator
Calculates:
- Monthly EMI
- Total Interest
- Total Payment
📝 How to Use the EMI Calculator
Follow these simple steps to calculate your monthly loan EMI:
-
Enter Loan Amount (₹):
Input the total amount you plan to borrow from the bank or financial institution. -
Enter Interest Rate (% per annum):
Fill in the annual interest rate offered by the lender (e.g., 10.5%). -
Enter Loan Tenure (in months):
Specify the duration of the loan repayment period in months (e.g., 60 months for 5 years). -
Click "Calculate EMI":
Press the button to calculate your monthly EMI, total interest payable, and total payment amount. -
View Results:
The calculator will instantly show:-
Your Monthly EMI
-
The Total Interest you'll pay over the loan term
-
The Total Payment (Principal + Interest)
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💡 Example
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Loan Amount: ₹5,00,000
-
Interest Rate: 9.5%
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Loan Tenure: 60 months
👉 You’ll get the calculated EMI and other details immediately.
⚠️ Notes
-
This calculator gives an approximate estimate. Actual EMI may vary based on additional charges, loan processing fees, or varying interest rates.
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Make sure to double-check the final details with your bank or loan provider.
