Loan Repayment Calculator

Loan Amount (P)
Annual Interest Rate %
Terms/Period months
Monthly Payment (EMI)
Total Loan / Debt Repayment

Loan Repayment Formula:

EMI = ( P × r × (1+r)n ) / ((1+r)n − 1)

Total Loan Repayment = EMI × n

Where

n = Terms/Period

r = Annual Interest rate / 1200

EMI = Equated Monthly Installment

P = Loan Amount

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