The EMI calculator is useful in planning your cashflows for servicing your home loan. Suppose you have taken a home loan of INR 50,00,000 at an interest rate of 9% per annum for a period of 20 years.

If you have borrowed money, from a bank or building society for a mortgage or other ... into an account with an interest rate of \(5\%\) per annum. Calculate the interest that Sally receives ...

If the bank is charging 10 percent per annum from the borrower ... You can enter the following details in the EMI calculator. Loan amount: ₹5 lakh Interest rate: 10 percent Tenure: 5 years ...