Personal Loan EMI Calculator
The Ahm Personal Loan EMI Calculator is a financial tool designed to help you calculate your equated monthly installments (EMI). The calculator also helps you manage your personal finances, budget your expenses, and make the right decisions.
- Loan Amount: The amount you wish to borrow from a bank.
- Interest Rate: The rate charged by the lender when you take a loan. This can vary depending on the bank and your credit history.
- Loan Tenure: The period over which the loan will be repaid ranges from 1 to 10 or more years. Hence, longer tenure will result in lower monthly EMI but you will have to pay more interest.
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Please enter a loan amount up to 10 digits.
Please enter an interest rate up to 2 digits.
Please enter a tenure up to 2 digits.
Loan EMI Details
| Monthly EMI: | |
|---|---|
| Principal Amount: | |
| Interest Amount: | |
| Total Amount: |
How to use the personal Loan EMI Calculator?
To use the personal loan calculator, just enter the loan amount, interest rate, and tenure in the input field, then click the calculate button. The Equated Monthly Installment is the amount you pay monthly to repay a personal loan. It includes both principal and interest.
Example:
- Loan amount (P): 500,000
- Interest rate: 10%
- Loan term: 60 months
So, calculate your personal loan by entering these fields, and you will get all the details about the personal loan in just a few seconds.
