💰 Personal Loan Calculator
Estimate your monthly EMI, total interest, and total payment.
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📌 Frequently Asked Questions (FAQs)
How is EMI calculated?
EMI is calculated using the formula: EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]
Can I use this for any loan type?
Yes, you can use it for personal, education, auto, or home loans as long as the inputs are correct.
Is this tool accurate?
Yes, the results are based on standard EMI formulas used by banks.