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🏠 Loan EMI Calculator
Calculate your Equated Monthly Installment
A Loan EMI Calculator helps you estimate the Equated Monthly Installment (EMI) you need to pay to repay your loan over a specified tenure at a given interest rate.
Simply input your loan amount, annual interest rate, and loan tenure to get your monthly EMI value. The calculator also provides a detailed breakup showing the principal and interest components and total interest payable over the loan period.
Using this tool allows you to compare various loan scenarios, understand the impact of interest rates and tenure adjustments, and make informed borrowing decisions that align with your budget and financial goals.
Benefits include instant and accurate calculations, easy scenario comparison, better budgeting, and transparency in understanding your repayment obligations.