Loan EMI Calculator
Calculate your monthly EMI (Equated Monthly Installment) for any type of loan. Just enter the loan amount, interest rate, and tenure to get instant results.
❓ Frequently Asked Questions
What is EMI?
EMI is a fixed monthly payment you make to repay a loan over a period of time, covering both principal and interest.
How is EMI calculated?
EMI = P × r × (1+r)^n / ((1+r)^n - 1) where P=principal, r=monthly rate, n=months.
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