Total Interest Amount:
Total Principal:
Total Payment (Principal+Interest):
EMI (Monthly Payment):
💰 How to Use the EMI Calculator
Step 1: Enter Principal Amount
Input the total loan amount you want to borrow.
Example: 50,000
Step 2: Enter Interest Rate
Provide the annual interest rate (in percentage).
Example: 12
Step 3: Enter Loan Tenure
Enter the loan tenure value and select whether it is in months or
years.
Example: 5 Months or 1 Year
Step 4: Enter Free Charge (if any)
Input any one-time charges or fees associated with the loan.
Example: 5000
Step 5: Click "Calculate"
Press the Calculate button to get your EMI details.
📊 What Results You’ll See
- Total Interest Amount: Total interest payable on the loan excluding free charges.
- Total Principal: The loan amount you entered.
- Total Payment: Sum of principal, interest, and free charges.
- EMI (Monthly Payment): The fixed monthly payment amount to repay the loan.
Note: This calculator provides an estimate. Actual EMI may vary based on lender policies.
Purpose Loan Calculator
