List of All Emi Formulas

All Emi Formulas List

Auto Loan EMI (Equated Monthly Installment)

Formula:

EMI = ( P × r × (1+r)n ) / ((1+r)n − 1)

Where
   EMI = Equated Monthly Installment
   P = Loan Amount - Down payment
   r = Annual Interest rate / 1200
   n = Term (Period or no.of year or months for loan repayment.)

Related Calculator:

Personal EMI

Formula:

Monthly Loan Equated Monthly Installment (EMI) = P x r x (1 + r)n / ((1 + r)n - 1)


Where,

n = Duration (Period or no.of year or months for loan repayment.)
P = Prinicipal Amount
r = Rate of Interest / 1200

Related Calculator:


EMI Down Payment

Formula:

e=( (p-d) × (r/(12×100)) × (1+ (r/(12×100)))n )/((1+ (r/(12×100)))n-1)


Where,

e= Equated Monthly Installment
p= Loan Amount
d=Down payment
r = Annual Interest rate
n = Term(n=12×n, if term is years)

Related Calculator:


english Calculators and Converters


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