The document describes a loan EMI calculator that helps users estimate their monthly equated monthly installments (EMIs) for home, car, and personal loans in India. It outlines essential components of an EMI, including principal and interest, and highlights the importance of understanding payment obligations. The calculator is user-friendly and requires input on principal amount, interest rate, and the number of installments for accurate calculations.

1. Loan EMI Calculator - Your One and Only Source
to Estimate Monthly EMIs

2. Loan EMI Calculator - Calculate Equated Monthly
Installment (EMI) for Home Loan / Housing Loan, Car Loan
& Personal Loan in India. Use Loan EMI Calculator to
calculate monthly EMIs on the basis of loan amount and
interest rate.

3. EMI, acronym for Equated Monthly Installment, plays a very
crucial role in getting a home loan. It is the amount a customer
pays every month to the bank or any other financial institution.
This amount is borne by the customer till the time the loan
amount is not completely paid off.
. It comprises two essential amounts to be paid:
•Principal Loan Amount and
•Interest Amount.
These are the amounts payable to the bank or financial
institution every month.
http://www.retailloans.in/emi-calculator

4. A loan tenure for a longer term say for a maximum period
of 30 years helps in cutting down the EMIs. It’s extremely important
that you have a sound knowledge of the amount that you need
to pay every month towards your Equated Monthly Installment or EMI.
However, to get the best estimate you’re likely to bear towards EMIs,
using a home loan EMI calculator will be the best bet.
http://www.retailloans.in/emi-calculator

5. There are three parts which you should know as provided by the calculator, including:
•The EMI - EMI is the amount that you are liable to pay should you decide to opt for a home loan
EMIs include the principal payment and interest and these amounts are provided
by the loan EMI calculator.
•The Breakup - It is the breakup of the complete amount that the bank or financial
institution will get paid by the customer (you). This component will tell you the amount that you
will have to pay as a principal. Besides, you will come to know about the amount which will be
paid as a processing fee for the home loan.
•Amortization Tables - The amortization table is the progression of your home loan. Through this table,
you will come to know how much you will have paid back at the end of each year, as the loan takes a
leap forward.
What information do you get with a loan EMI
calculator?
http://www.retailloans.in/emi-calculator

6. The home loan EMI calculator is a great device which assists you in estimating
the EMI you need to pay every month. Not only is the calculator simple but
easy to use. And there are three vital things required for EMI calculation, including:
•P - Principal or the loan amount
•I - Interest rate per month
•N - The number of installments
Feeding these details in the EMI calculator will help you calculate the
Equated Monthly Installment.
http://www.retailloans.in/emi-calculator

7. Website address – http://www.retailloans.in/emi-calculator
Address: Plot No- 415, Udyog Vihar III,
Sector 20, Gurugram, Haryana 122001
Hours:
Open ⋅ Closes 5:30PM
Phone: 098711 33019

8. Thank You