Figuring out your regular payment (EMI) can seem confusing, but understanding the methodology is crucial for budgeting. Not only can working out your EMI help you evaluate your loan affordability, but it can also unlock valuable tax breaks. loan amortization, the table that reveals how your debt and funding cost are paid down over time, is a key co

Need to figure out your regular payment? Our EMI tool lets you simply work out your loan amount, view a detailed amortization and understand the tax involved. Just enter a few information, such as the loan principal, APR and duration , and instantly see a comprehensive breakdown. It’s a useful way to plan your finances and grasp your obligation .