Property EMI Calculator
Calculate EMI for your property/home loan including other charges. Enter basic loan details to know monthly EMI, total interest & total amount payable.
How is EMI Calculated?
EMI is calculated based on loan amount (after subtracting down payment and adding any other charges), interest rate, and loan tenure. This calculator uses the standard EMI formula.
- EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1]
- Where P = Loan Amount, r = monthly interest rate, n = number of monthly installments
Frequently Asked Questions (FAQs)
What is a Property EMI Calculator?
A Property EMI Calculator helps estimate your monthly EMIs for a home or property loan based on interest rate, tenure, and other charges.
How do I calculate EMI manually?
Use the formula EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1], where P = loan amount, r = monthly rate, and n = number of EMIs.
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