Equated Monthly Installment,EMI,Amortization of loans

Formula

Equated Monthly Installment,EMI,Amortization of loans formula,equation,calculator
Pprincipal amount borrowed
Aperiodic payment
rperiodic interest rate
ntotal number of payments

Calculator(how to use calculator?)

Equated Monthly Installment,EMI,Amortization of loans formula,equation,calculator
Periodic payment (A)
Periodic interest rate (r)
Total number of payments (n)
Principal amount borrowed (P)
Precision

References

  1. Wikipedia article: Amortization (business).

Comment or add more code

If you cannot find the formula or calculator you want, please tell us what you want and we will add it for you ASAP. If you want anything else or find any error on this page, please just let us know. If you know the formula in other languages, you are welcome to add it. Thanks for contributing to wikicalculator.com!
  • Comment
  • Add code for the formula
Please help us do better by providing your opinions(<= 500 characters):
Language:(<= 500 characters)