Loan EMI Calculators
An EMI calculator tells you how much EMI you'll need to pay each month on your loan, by calculating the loan amount, interest rate, and repayment period for the loan taken. Plan your EMI payments for different types of loans from the list of calculators below.
How to use EMI calculator
EMI is calculated by taking into account your borrowed loan amount, interest rate and the tenure of the loan. With Zype’s EMI calculators, you don’t require complex mathematical calculations to find out your EMI amount. Just select the EMI calculator as per your needs and follow these simple steps:
Enter the loan amount you want to avail
Enter the annual interest rate for the loan
Enter the no. of EMIs to repay the loan
Adjust values to determine the best EMI plan
Benefits of using an EMI calculator
- Helps in choosing EMI amount
- Helps in comparing loan offers
- Understanding a break-up of costs
With a personal loan EMI calculator, you can adjust the tenure to determine the EMI amount that you can afford to pay comfortably.
You can use the EMI calculator to compare loan offers from different personal loan providers and make an informed decision based on the most favourable terms.
Knowing more about your EMI amount, the total amount to be repaid and the interest component of the loan will give you transparency on the financial implications of the loan.