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Loan EMI Calculator

Calculate EMI, Total Interest & Payment Schedule

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Home Loan

From 8.5% p.a.

Car Loan

From 9.5% p.a.

Personal Loan

From 12.5% p.a.

Business Loan

From 15% p.a.

EMI Calculator

Understanding EMI Calculation

EMI (Equated Monthly Installment) is calculated using the formula:

EMI = P × r × (1 + r)^n / ((1 + r)^n - 1)

Where: