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Interactive compound growth, loan amortization, GST tax brackets, and freelance project rate estimators.

Suite Size 4 Specialized Tools
Financial & Business • Tool

EMI & Loan Repayment Calculator

Monthly installment breakdown, total interest payable, and amortization schedule

Loan Parameters

Equated Monthly Installment
8.5%
15 Years
Monthly Equated Installment

₹24,628

Total Interest Payable

₹19,33,024

Total Repayment Amount

₹44,33,024

Principal vs Interest Ratio 56.4% Principal / 43.6% Interest
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Mathematical Formula & Engineering Rules

EMI = [ P × r × (1 + r)n ] / [ (1 + r)n - 1 ]
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Worked Engineering Example

Example: $100,000 lab equipment loan at 8.5% annual interest for 5 years (60 months).

  • Monthly rate: 8.5% / 12 = 0.7083%.
  • Monthly EMI = $2,051.65.
  • Total payment = $123,099 (Total interest = $23,099).
Engineering FAQ

Frequently Asked Questions

Q1:

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