Loan EMI Calculator
Planning to take a loan? Our easy-to-use EMI calculator will help you understand your monthly financial commitment. Simply enter the loan amount, interest rate, and loan tenure to get a detailed breakdown of your Equated Monthly Installment (EMI). Our tool also provides a visual representation of the total principal versus the total interest you'll pay, helping you make smarter financial decisions.
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Your Repayment Summary
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Understanding Your EMI
The EMI is calculated based on a standard formula that takes into account the loan amount, interest rate, and tenure. A longer tenure will result in a lower EMI but a higher total interest payment, while a shorter tenure increases the EMI but reduces the total interest paid over the life of the loan. Use our sliders to see how these factors impact your monthly payments.