MoneyMeticLoan & EMI
EMI, affordability, fees, prepayments and a complete dated repayment schedule in one place.
Your inputs
Example amounts are editable. Currency changes labels, not amounts.
Your calculation
Updates instantlyTHE COMPLETE PICTURE
Schedule & breakdown
Method & assumptions
How this is calculated
EMI = P × r / [1 − (1 + r)^−n]. Each payment first covers monthly interest; the remainder and any prepayment reduce principal.
Fixed reducing-balance rate, monthly payments. EMI and monthly interest are rounded to currency precision; the final payment settles the remaining balance. Prepayments shorten the term while keeping EMI unchanged. Fees are paid upfront. Excludes taxes, insurance, daily interest, rate changes and prepayment penalties.