21st May 2022

EMI Calculator

EMI Calculator

EMI calculator is an online financial tool used to calculate the equated monthly installment amount that a borrower makes towards the repayment of the loan.

EMI Calculator
EMI Calculator – Intraday Screener

EMI includes both the principal amount and the interest amount. You can easily calculate the EMI amount using our EMI calculator. This calculator is also used to calculate home loans, car loans, personal loans.

How to use an EMI Calculator?

An EMI calculator usually has three input sessions. They are:

  • Loan Amount
  • Tenure
  • Expected interest rate annually

Firstly, you have to enter the loan amount you are willing to take. This EMI calculator is used to calculate your monthly loan EMIs. You can calculate your loan amount starting from Rs 500.

Next, you have to enter the tenure, which is between 1 to 30 years. Finally, you have to enter the expected interest rate. It will automatically show the results on the screen. It is very easy to use an online EMI calculator, and you can get all your loan EMI in seconds.