Finance Calculator
How to use this calculator
Enter the amount borrowed, not the total repayment. Choose a whole-year term and an annual rate. The zero-interest case divides the principal evenly over the repayment months.
How the estimate is calculated
Monthly EMI uses principal × monthly rate × growth divided by growth minus one. The monthly rate is the annual percentage divided by 1,200.
Assumptions and exclusions
A mathematical estimate rather than a lender quote. Fees, penalties and payment-date differences are not included.