EMI Calculator
AI-Enhanced Calculator
This calculator now includes AI insights to help you understand your EMI better. After calculating your EMI, scroll down to see personalized recommendations.
About EMI:
Equated Monthly Installment (EMI) is the fixed amount paid every month to repay your loan. You can choose between different interest types:
Flat - interest types. Flat rate applies interest on the full loan throughout, while floating (reducing) applies interest on the remaining balance.
How to Use the AI-Enhanced EMI Calculator:
- Enter your loan amount, interest rate, and loan term
- Choose your interest type (reducing is recommended for most loans)
- Click "Calculate EMI" to see your results
- Review the AI insights and recommendations for optimizing your loan
- Use the export feature to save your calculations and insights for later reference