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Home Loan EMI Calculator

Updated: Apr 22, 2018
FINANCE   LOAN  
Calculate the Equated Monthly Installment (EMI) for your home loan. Fill up the loan amount, annual interest rate, loan tenure and hit the Calculate button.
Loan EMI:
..
The EMI amount you will pay each month
Total Interest Payable:
..
The total interest you will pay over the loan tenure
Total Payment(Principal + Interest):
..
The total amount you will pay over the tenure of the loan including the principal and the interest

Background Information

EMI or Equated Monthly Installment is a fixed amount payable by a borrower or lender every month to the bank or any other financial institution until the mortgage or loan amount is fully paid off. Generally, they are paid on a specified date each calendar month. It consists of the interest on mortgage as well as part of the principal amount to be repaid so that over a specified number of years, the loan is paid off in full.
 

History

Apr 22, 2018
Tool Launched
Created: Apr 22, 2018
Online Tool Designed For: Windows, OS X, Android, iOS, Linux
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