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How much is the monthly instalment?
Enter the loan amount, interest rate and term. Alongside the monthly instalment, see how much you pay in interest over the whole loan.
Monthly instalment (EMI)
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Total interest
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- Total repaid
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- Equivalent reducing-balance rate
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Calculation: KhanFT. Reducing balance assumes an instalment at the end of each month; flat rate charges interest on the original amount for the whole term. Processing fees, insurance and other charges are not included. An educational calculation, not financial advice.
Understand the idea: EMIs and the true cost of a loan →