Loan / EMI Calculator
Work out your monthly loan instalment (EMI), total interest and total repayment for any principal, rate and tenure.
Formula
EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1]
P = principal, r = monthly rate (annual ÷ 12 ÷ 100), n = number of months
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