Loan EMI Calculator

Amount (A)
Interest Rate (R) (in %)
Tenure (T) (in months)
Processing Fees (P) (in %)
Down Payment (D)

Total Down Payment (TDP)
(TDP = D + P)

12

Loan EMI (LE)

(LE = [PLA x R x (1+R)^T]/[(1+R)^T-1] )

123

Total Interest Payable (TIP)
(TIP = LE * T)

1234

Total Payment (TP)
(TP = LA + TIP + P)

12345

Note: (PLA) is Principal Loan Amount, which is calculated by subtracting Down Payment (D) from Actual Amount (A) and Loan EMI (LE)
is Calculated on Principal Loan Amount (PLA).

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Developed by Suman Kumar Dey