FINANCE
Loan Calculator
Calculate your monthly EMI, total interest and total repayment. Change the amount, rate and tenure to compare different borrowing scenarios.
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FAQ
Loan calculator questions
What does a loan EMI include?
An EMI generally consists of both principal repayment and interest. The proportion going toward each changes throughout the repayment period.
Does a longer loan tenure reduce the EMI?
Generally, a longer tenure reduces the monthly EMI, but it can increase the total interest paid over the life of the loan.
Is this loan calculation exact?
It is an estimate based on the loan amount, annual interest rate and tenure entered. Actual lender calculations may differ because of fees, dates, rounding and specific loan terms.
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