📊 EMI Calculator

Calculate your Equated Monthly Installment (EMI) with ease!

📋 EMI Calculation Results

📅 Month 💵 Principal (₹) 📈 Interest (₹) 💰 Total Payment (₹) 🏦 Remaining Balance (₹)

📊 Total EMI: ₹0

📚 What is an EMI Calculator?

An EMI Calculator helps you determine the monthly installment you need to pay for a loan. It takes into account the principal amount, interest rate, and loan tenure to calculate the EMI. This tool is useful for planning your finances and understanding how much you need to pay each month.

How to Use This Tool:

  1. Enter Principal Amount: The total loan amount you want to borrow.
  2. Enter Interest Rate: The annual interest rate for the loan.
  3. Enter Loan Tenure: The duration of the loan in months.
  4. Click Calculate EMI: The tool will display the monthly EMI and a detailed breakdown of payments.

Why Use This Tool?

  • Plan your monthly budget effectively.
  • Understand how much interest you will pay over time.
  • Compare different loan options easily.