EMI Calculator
Calculate Equated Monthly Installments for loans with amortization schedule, prepayments, and comparison mode.
About EMI Calculator
EMI (Equated Monthly Installment) is the fixed monthly amount paid to a lender to repay a loan. It includes both principal and interest components. Over time, the interest portion decreases while the principal portion increases.
Come usare
Scegli un tipo di prestito per usare un tasso di interesse tipico come punto di partenza, inserisci capitale, tasso di interesse e durata (in mesi o anni) e, facoltativamente, aggiungi rimborsi anticipati. Rata mensile, interessi totali e piano di ammortamento vengono calcolati all'istante.
Common Use Cases
- Planning home loan or mortgage payments
- Comparing different loan offers and interest rates
- Understanding the impact of prepayments on loan tenure
- Checking loan eligibility based on income