EMI Calculator  EMI Calculator

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Do you plan to take a loan? This EMI calculator will help you determine the value of your EMIs that you might have to pay in order to repay your loan.

To know the EMI on your loan, please enter the following details:

Amount of your loan

Rs.

Interest rate on your loan

% p.a.

Tenure of your loan

Years

The EMI on your loan will be Rs.  per month, based on applicable the interest rate

Note: Assumes EMI is paid at the beginning of the month, as per loan procedure


Schedule showing EMI payments starting from

Here is a graphical representation of the above calculations



Month Principal Outstanding Opening Balance
( Rs. )
EMI
(Principal + Interest)
( Rs. )
Interest Component
( Rs. )
Principal Component
( Rs. )
Principal Outstanding Closing Balance
( Rs. )

To know more on the Calculation Methodology click here


Disclaimer

This calculator is made available to you as a self-help tool for your independent use. This Calculator is meant to be used for indicative / illustrative purposes only. The various taxes, fees, expenses and /or any charges are not considered in the calculation provided by the calculator. The results of the calculation cannot be construed to be entirely accurate / comprehensive and the EMI simulation based on assumed rates of return is for illustrative purpose only. Quantum Asset Management Company Private Limited does not warrant accuracy / authenticity of the calculator and shall not be responsible for any investment decision taken on the basis of the Calculator. Please take independent professional advice based of your financial needs and financial situation and arrive at informed investment decision before making any investments.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

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