Loan EMI Calculator
Type the loan amount, interest rate, and time, and see your monthly payment.
Enter loan details.
How it works
EMI is the fixed monthly payment that pays off the loan plus interest over the time you pick. The formula is P times r times (1 plus r) to the power n, divided by (1 plus r) to the power n minus 1, where r is the monthly rate and n is the number of months. Early payments are mostly interest, later payments are mostly principal.
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