Calculate your monthly payments and total costs.
Monthly EMI:
EMI = [ P × r × (1 + r)^n ] / [ (1 + r)^n − 1 ]
P = Principal (loan amount)
r = Monthly interest rate (Annual Interest % ÷ 12 ÷ 100)
n = Loan term in months
Total Paid: Total = EMI × n
Total Interest: Interest = Total − Principal
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