Posted in2025 EMI Calculator Tools

EMI Calculator

emi calculator

An EMI Calculator is a helpful resource for individuals seeking to determine their Equated Monthly Installment (EMI) on various types of loans, such as home, auto, or personal loans.

EMI Calculator

EMI Calculator

Month Interest Paid Principal Paid Remaining Balance

Total Payment: ₹${totalPayment.toFixed(2)}

`; generateEMITable(loan, emi, monthlyRate, totalMonths); } function generateEMITable(loan, emi, monthlyRate, totalMonths) { let balance = loan; let tableBody = document.getElementById("emiTableBody"); tableBody.innerHTML = ""; document.getElementById("emiTable").style.display = "table"; for (let i = 1; i <= totalMonths; i++) { let interestPaid = balance * monthlyRate; let principalPaid = emi - interestPaid; balance -= principalPaid; let row = ` ${i} ₹${interestPaid.toFixed(2)} ₹${principalPaid.toFixed(2)} ₹${balance.toFixed(2)} `; tableBody.innerHTML += row; } } function clearFields() { document.getElementById("loan").value = ""; document.getElementById("rate").value = ""; document.getElementById("years").value = ""; document.getElementById("months").value = ""; document.getElementById("result").innerHTML = ""; document.getElementById("emiTableBody").innerHTML = ""; document.getElementById("emiTable").style.display = "none"; }

It provides insight into the monthly payments necessary to settle a loan within a predetermined period.

Benefits of Using an EMI Calculator

Time-efficient – Eliminates the need for manual calculations.
Delivers precise outcomes – Prevents errors in computation.
Facilitates loan planning – Understand your EMI amount before application.
Enables loan comparison – Modify the loan amount, interest rate, and term to visualize various EMI options.

For Best Results Use the Desktop site in the setting