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EMI Calculator

Calculate Equated Monthly Instalment for any loan.

emiloaninstalmentfinancemonthly
Examples(1)
Car Loan

Input

{
  "principal": 800000,
  "annualRatePercent": 9,
  "tenureMonths": 60
}

Output

{
  "emi": 16606.68,
  "totalAmount": 996400.8,
  "totalInterest": 196400.8,
  "monthlyRate": 0.0075
}