Loan EMI Calculator

A loan EMI (Equated Monthly Installment) calculator is a financial tool that helps borrowers estimate their monthly repayment amount for a loan. It is commonly used for various types of loans such as home loans, car loans, personal loans, or any other installment-based borrowing.

The loan EMI calculator considers key parameters such as the loan amount, the interest rate, and the loan tenure to calculate the monthly installment that the borrower needs to pay. By inputting these details, borrowers can get an idea of the amount they will need to budget for their loan repayment each month.