Loan EMI Calculator

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What is this Loan EMI Calculator?

Calculate the monthly payments, total repayment, and total interest for a fixed-term loan where the EMI amount is fixed.

How to use this Loan EMI Calculator?

Enter the loan amount, interest rate, and loan duration. The calculator will calculate the monthly payments, total repayment, and total interest for the loan.

Give me an example ofLoan EMI Calculator?

For example, if you need a loan for 10,00,000 for a duration of 5 years at an annual interest rate of 8%, the calculator will show you the monthly payments, total repayment, and total interest for the loan.

What are the advantages of using Loan EMI Calculator?

Accurate EMI Calculation : Gives you a precise breakdown of your loan EMIs, helping you budget more effectively.

Total Repayment Visibility : Shows the total interest and principal repayment, giving you a complete view of the loan's cost.

Helps Compare Loans : Enables you to compare different loan offers based on the EMI, interest rate, and loan tenure.

Simplifies Loan Planning : Helps you plan your monthly budget by showing how much of your income will go toward EMI payments.

Loan EMI Calculator

EMI Payment Schedule

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