Loan Setup
Reducing Balance Method
The Reducing Balance method ensures you pay less interest over time as your principal decreases.
Adjust the values to see your monthly payment breakdown
About the Loan EMI Calculator
The Loan EMI Calculator helps you calculate your Equated Monthly Installment (EMI), which is the fixed amount you pay every month to repay a loan. EMI includes both principal repayment and interest.
By entering the loan amount, interest rate, and loan tenure, this calculator instantly shows your monthly EMI, total interest payable, and total loan cost. This makes it easier to plan your budget and compare loan offers.
The Loan EMI Calculator can be used for various loan types, including home loans, car loans, personal loans, and education loans.
What this calculator helps you with
- Calculate your monthly EMI amount
- Understand principal vs interest breakdown
- Estimate total interest payable
- Compare loan tenures and interest rates
- Plan your monthly finances effectively
This loan EMI calculator provides estimates for planning purposes only. Final EMI amounts depend on lender terms and interest rate policies.
Quick Guide
- 1. Enter your base values in the fields above.
- 2. Adjust interest rates or terms to see live changes.
- 3. Review the charts to visualize your growth.
Results are estimates based on standard financial algorithms.
Common Questions
Everything you need to know about this calculator and the math behind it.
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