Overview
Accurately calculate your Equated Monthly Installments (EMI) for home loans, car loans, personal loans, or education loans. View immediate calculations for total interest payable and the overall cost of your loan, and generate a fully customized monthly or annual amortization schedule mapping out your principal vs interest repayments.
How to Use
- 1 Enter the total loan principal amount.
- 2 Specify the annual interest rate percentage and the tenure of your loan in years.
- 3 Include any upfront processing fees or administrative charges to evaluate the absolute cost of the loan.
- 4 Optionally select a start month and year to view a structured payment calendar schedule.