Plan your loan repayment effectively. Calculate EMI, Total Interest, and view a detailed amortization schedule.
| Month | Principal | Interest | Balance |
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EMI stands for Equated Monthly Installment. It is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principal each month so that over a specified number of years, the loan is paid off in full.
