💰 Loan Calculator
Calculate your EMI, total interest, and view complete payment schedule. Perfect for personal, home, and car loans!
📊 Instant EMI
📅 Amortization Schedule
📈 Interest Breakdown
Loan Details
Loan Calculator Guide
📊 What is EMI?
EMI (Equated Monthly Installment) is your fixed monthly payment towards loan repayment, including both principal and interest.
📈 How It's Calculated
EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P=Principal, R=Monthly Interest Rate, N=Tenure in months.
💡 Tips to Reduce EMI
Increase down payment, choose shorter tenure, improve credit score, or compare lenders for better rates.