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Finance
EMI Calculator
Estimate the monthly installment for any loan.
Inputs
Formula
EMI = P × r × (1+r)^n / ((1+r)^n − 1) where r = monthly rate, n = number of months
Example
For a 100,000 loan at 8% p.a. for 5 years: r = 0.08/12, n = 60 → EMI ≈ 2,027.64