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.
Document
EMI Calculator
Principal Amount
Rate Of Interest
Tenure (In Months)
Calculate
Loan EMI
123
Total Interest Payable
1234
Total Amount (Principal + Interest)
12345
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