Banking Tides’s EMI Calculator helps you to calculate your Equated Monthly Installment (EMI) for your desired loan effectively. Using our calculator, you can calculate EMI for Personal Loan, Housing Loan, Mortgage Loan and other loans which are having repayment of Equated Monthly Installment.
How to calculate EMI?
Enter loan amount you wish to borrow, enter Interest rate and enter Tenur in Months or in Year and press Find EMI button. You can see the EMI amount, total interest payable and total amount payable (Principal + Interest). You can also see graphical chart of your principal and interest values.
- Loan Amount – Enter values in Rupees
- Rate of Interest – Enter Rate of interest (Interest usually ranges from 6% to 24%)
- Tenure – Enter values in Months or Year