Figuring out your recurring amount ( loan repayment) can seem confusing, but understanding the process is important for budgeting. Not only can working out your EMI help you evaluate your loan affordability, but it can also unlock valuable tax breaks. repayment schedule, the table that reveals how your loan principal and funding cost are paid down

Need to assess your periodic loan payments? Our simple EMI tool lets you work out your Equated Regular Installment ( equated monthly installment). Beyond just figuring the amount, it also accounts for income tax implications and provides a detailed amortization plan , showing you exactly how much of each contribution goes toward principal and fees.