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EMI CALCULATOR

This tool calculates the monthly installment or the EMI for a loan.

The EMI (Equated Monthly Installment) is fixed for the tenure of a loan. It has two components: principal and interest. In the beginning the interest component is higher which decreases with time. The principal component increases with time.

The EMI depends onthe loan amount,the interest rate,the tenure of the loan

Loan amount R

Interest rate

%

Tenure

Years
calculator.pngCalculate

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