Total Interest Amount:
Total Principal:
Total Payment (Principal+Interest):
EMI (Monthly Payment):
📘 How to Use the EMI Calculator
Step 1: Enter Principal Amount
Input the total loan amount you plan to borrow.
Example: ₹50,000
Step 2: Enter Interest Rate
Add the annual interest rate charged by the lender.
Example: 12%
Step 3: Enter Loan Tenure
Fill in the loan duration and select whether it’s in months or years
using the toggle.
Example: 5 Months or 1 Year
Step 4: Add Free Charge (Optional)
Enter any additional upfront fee or cost that may apply to your
loan.
Example: ₹500
Step 5: Click “Calculate”
Press the Calculate button to view your EMI details below.
📊 What Results You’ll See
- Total Interest Amount: Total interest payable over the loan tenure.
- Total Principal: The original loan amount you borrowed.
- Total Payment: Sum of principal and interest payable.
- EMI: Your fixed monthly payment amount.
Note: This calculator provides approximate values. Actual amounts may vary depending on lender policies.
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