Calculate your Equated Monthly Installment for loans
₹5,00,000
10% p.a.
20 years
₹0
per month for 20 years
Principal Amount
₹5,00,000
Total Interest
₹0
Total Amount Payable
₹0
• Total months to pay: 240 months
• Interest saved on prepayment: Significant amount
• Consider shorter tenure to save on interest
• EMI should not exceed 40% of monthly income