A Loan EMI (Equated Monthly Installment) Calculator is an online financial tool that helps users calculate the fixed monthly installment they need to pay for a loan. It provides quick and accurate results based on the loan amount, interest rate, and loan tenure.

Key Features:

✅ Easy to Use – Enter loan amount, interest rate, and tenure to get instant results.
✅ Accurate EMI Calculation – Calculates EMI with principal and interest breakdown.
✅ Total Interest & Loan Cost – Displays total interest payable and overall loan cost.
✅ Graphical Representation – Shows loan amortization schedule and repayment breakup.
✅ Flexible Input Options – Supports different loan tenures and interest rates.

How It Works:

1️⃣ Enter the Loan Amount (e.g., $10,000)
2️⃣ Provide the Annual Interest Rate (e.g., 7%)
3️⃣ Select the Loan Tenure (e.g., 5 years)
4️⃣ Click Calculate to get the EMI, total interest, and overall loan cost

This calculator is ideal for personal loans, home loans, car loans, and business loans. It helps borrowers plan their finances better and make informed decisions before taking a loan. 🚀