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Calculate your Equated Monthly Installment for loans quickly and easily
What is EMI?
EMI stands for Equated Monthly Installment. It's the fixed amount you pay monthly towards your loan or mortgage. Each EMI payment includes both principal and interest components.
The EMI Formula
EMI = P × r × (1+r)^n ÷ [(1+r)^n-1]
Where:
- P = Principal (loan amount)
- r = Monthly interest rate (annual rate ÷ 12 ÷ 100)
- n = Total number of monthly payments (tenure in months)
Benefits of Using Our EMI Calculator:
- Plan your monthly budget effectively
- Compare different loan options
- Understand total interest costs
- Make informed financial decisions
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Calculate simple interest on investments and loans
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Assess your body weight relative to height with our BMI calculator. Get insights into your health status based on internationally recognized standards.
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Calculate compound interest on investments
See how your investments grow over time with our compound interest calculator. Factor in regular contributions to plan your financial future.
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Estimate monthly mortgage payments
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Convert between different currencies
Get accurate currency conversion rates for international transactions, travel planning, or investment purposes with our up-to-date converter.
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Estimate daily calorie needs
Find out your recommended daily calorie intake based on your age, gender, height, weight, and activity level to maintain, lose, or gain weight.
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All calculations are performed in your browser. We never store your personal data.
Responsive
Our calculators work perfectly on desktop, tablet, and mobile devices for on-the-go access.
Frequently Asked Questions
Get answers to common questions about our calculators
Yes, all of our calculators are completely free to use. We believe in providing accessible tools for everyone without any hidden fees or paywalls. You can use our calculators as often as you need without any limitations.
Our calculators are designed with precision in mind and use industry-standard formulas and algorithms. We regularly validate our calculators against benchmark calculations to ensure accuracy. However, for critical financial or health decisions, we recommend consulting with a professional who can provide personalized advice.
Absolutely! Our website is fully responsive and optimized for all devices, including smartphones and tablets. The calculators function perfectly on smaller screens, allowing you to perform calculations on the go.
No, we do not store any of the data you enter into our calculators. All calculations are performed locally in your browser, and your information never reaches our servers. This ensures complete privacy and security for all users.
Our calculators are designed to be professional-grade tools suitable for both personal and professional use. Many professionals use our calculators for quick estimations and verifications. However, for regulated industries or critical business decisions, we recommend using specialized software with appropriate certifications.
We regularly update our calculators to reflect current standards, tax rates, and methodologies. Our development team continually reviews and refines the calculators based on user feedback and changes in relevant regulations or formulas. Any significant updates are noted in our blog and changelog.
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