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Interest Repayment Calculate is used to calculate Monthly Installment (EMI) for Home Loan / Housing Loan, Car Loan & Personal Loan in India (with interactive charts)

Suppose that if you take a loan of 10 lakh for 10 years.

Then how much you have to pay as an EMI

Loan Amount = Rs 10, 00,000

Rate of Interest = 12%

Loan Term = 10 years

If you calculate it you will get the following results

Your Monthly EMI = Rs 14,347

Here you have to Pay as an Interest = Rs 721,651(More than 70% of your Principal Amount)

Here you have to pay a very large amount of money as an Interest.