1. Enter your loan principal amount
2. Enter the interest rate
3. Enter the tenure in months
4. Optionally add prepayment details
5. Tap Calculate to see your amortization schedule
For questions or issues, please email: [email protected]
Q: How is EMI calculated?
A: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P=Principal, R=Monthly interest rate, N=Number of months
Q: Are my calculations saved?
A: No, all calculations are done locally on your device and are not saved or transmitted.