Smart Finance Utility
Universal EMI Calculator 
Instant loan repayment planning with live comma-formatting for .
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₹
ONE-TIME LUMP SUM (OPTIONAL)
₹-
Monthly EMI
₹-
Total Interest
₹-
Total Payout
System Status: High-Precision Metric Engine
Reducing Logic ()
Repayment Amortization Schedule
| Month | Principal Paid | Interest Paid | Balance |
|---|
OTechy Universal EMI Calculator is a premium financial utility providing instant debt analysis for any global currency. In , it utilizes a standardized reducing balance algorithm to compute installments with live comma-formatted inputs, enabling users to evaluate interest-saving impacts of part-payments and export professional PDF roadmaps.
How to Calculate Your EMI
- 1 Enter Loan Amount: Input your total principal. Live commas ensure magnitude accuracy instantly.
- 2 Add Interest & Tenure: Provide the annual percentage rate and the repayment period in months.
- 3 Simulate Prepayments: Use the "Monthly Extra" or "Lump Sum" fields to visualize massive interest savings and export as PDF.
EMI Calculation: Reducing Balance vs Flat Rate
Most modern bank loans in use Reducing Balance Interest. This means interest is calculated only on the principal remaining after each installment. As you pay down your loan, the interest portion of your EMI shrinks, accelerating your principal repayment.
Repayment FAQs
Does this work for any currency? Yes. The mathematical logic is 100% universal for Rupees, Dollars, or any numeric currency.
Why use PDF export? It provides a professional, shareable record of your schedule to cross-verify bank statements.
Is my data stored? No. OTechy processes all data locally in your browser. Your financial privacy is guaranteed.