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Student Education Loan EMI Repayment Calculation

Education Loan Amount
Interest Rate %
Period years
 
 
Monthly Payment (EMI)
Total loan repayment

 
   
  
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Formula:
EMI = ( P × r × (1+r)n ) / ((1+r)n − 1)
Total loan repayment = EMI × n


Where,
   EMI = Equated Monthly Installment
   P = Loan Amount
   r = Interest rate / 1200
   n = Period

Student education loan repayment calculation is made easier with this online financial calculator.