EMI Calculator

How to Use the EMI Calculator

1. Enter Loan Details:
   • Loan Amount (₹): Enter the total amount you want to borrow (e.g., 500000 for ₹5 lakh).
   • Interest Rate (% p.a.): Enter the annual interest rate (e.g., 8.5 for 8.5% per annum).
   • Loan Tenure (Months): Enter the loan duration in months (e.g., 60 for 5 years).
2. Click “Calculate EMI”:
   • Press the green button to compute your monthly EMI.
3. View Results:
   • Monthly EMI: The fixed payment you need to make each month.
   • Total Interest: The extra amount paid as interest over the loan tenure.
   • Total Payment: Principal + Total Interest (the full repayment cost).

Example Calculation

• Loan Amount: ₹10,00,000
• Interest Rate: 7.2% p.a.
• Tenure: 120 months (10 years)