EMI Calculator

EMI Attributes

  • Principal Amount: The initial loan amount you borrow from the lender.
  • Rate of Interest: The % charged by the lender on the principal amount as interest.
  • Tenure: The duration or period in which you agree to repay the loan. It is in months.
  • Loan EMI: The fixed monthly instalment you need to pay, comprising both principal and interest components.
  • Total Interest Payable: The overall interest amount you will pay over the loan tenure,

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