Calculator for EMI (Equated Monthly Instalment) is a helping tool for anyone thinking about taking a loan.
To make an informed decision if the loan is suitable for you, you can calculate Total Interest amount, total amount you will pay at the end and your monthly installments.
Just enter values for Loan amount, Period (in years and/or months) and Interest rate per annum (interest & for year) and you will automatically get accurate results for the following:
- Total interest payable
- Total payment amount
- Loan EMI (per month)
Calc for EMI will give you accurate numbers with any currency you need to use.
Suitable for Advanced and Arrears types.
Good planning always ensures stable finances. EMI is at the basis of the decision about the affordability of the loan.
Calculating the loan EMI in advance will give you a better understanding of the amount of money you would have to spend every month.
Calc for EMI will give you full split for home loan, car loan or any loan with constant interest per annum (interest rate for year).
GST calculator included.