Loan Repayment Calculator

Loan Amount (P)
Annual Interest Rate %
Terms/Period months
Monthly Payment (EMI)
Total Loan / Debt Repayment
Loan Repayment Formula:EMI = ( P × r × (1+r)n ) / ((1+r)n − 1)Total Loan Repayment = EMI × nWheren = Terms/Period r = Annual Interest rate / 1200EMI = Equated Monthly InstallmentP = Loan Amount
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