Loan EMI Calculator - Calculate Monthly EMI & Interest
Free loan EMI calculator to calculate monthly payments, total interest, and repayment schedule for loans and mortgages.
Loan EMI Calculator
EMI Calculation Result
Enter loan details to calculate EMI
About Loan EMI Calculator
Our loan EMI calculator helps you calculate your monthly loan payments for mortgages, personal loans, and other types of loans. Perfect for financial planning and loan comparison.
How EMI is Calculated
EMI = [P x R x (1+R)^N] / [(1+R)^N-1], where P = Principal, R = Monthly interest rate, N = Number of months
Benefits of Using EMI Calculator
- Plan your monthly budget effectively
- Compare different loan offers
- Understand total interest payable
- Make informed borrowing decisions
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