EMI Calculator
Calculate the Equated Monthly Installment (EMI) for any loan based on principal, interest rate, and tenure.
How to use this calculator
Enter the loan amount (principal), the annual interest rate, and the loan tenure in months. The calculator uses the standard EMI formula EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the principal, r is the monthly interest rate, and n is the number of monthly installments. This works for home loans, car loans, and personal loans alike.
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