EMI calculator forMedical Loan
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Your EMI over the monthsYour Amortization Details
| Month | EMI | Principal | Interest | Balance |
|---|---|---|---|---|
| 0 | ₹0 | ₹0 | ₹0 | ₹1,00,000 |
| 1 | ₹9,168 | ₹7,668 | ₹1,500 | ₹92,332 |
| 2 | ₹9,168 | ₹7,783 | ₹1,385 | ₹84,549 |
| 3 | ₹9,168 | ₹7,900 | ₹1,268 | ₹76,649 |
| 4 | ₹9,168 | ₹8,018 | ₹1,150 | ₹68,631 |
| 5 | ₹9,168 | ₹8,139 | ₹1,029 | ₹60,492 |
| 6 | ₹9,168 | ₹8,261 | ₹907 | ₹52,232 |
| 7 | ₹9,168 | ₹8,385 | ₹783 | ₹43,847 |
| 8 | ₹9,168 | ₹8,510 | ₹658 | ₹35,337 |
| 9 | ₹9,168 | ₹8,638 | ₹530 | ₹26,699 |
| 10 | ₹9,168 | ₹8,768 | ₹400 | ₹17,932 |
| 11 | ₹9,168 | ₹8,899 | ₹269 | ₹9,033 |
| 12 | ₹9,168 | ₹9,033 | ₹135 | ₹0 |
Medical Loan
A medical loan or doctor loan EMI calculator is an online tool that enables you to estimate EMIs on loans. These loans are specifically designed for medical professionals and healthcare practitioners to offer flexible repayment options and higher loan amounts, compared to traditional loans.
Factors determining a medical loan are:
- Principal amount borrowed
- Interest rate
- Loan term
Throughout the loan term, the EMI remains constant. Consequently, you can plan your finances more efficiently since you know exactly how much you need to repay each month. Use the tool to select the desired loan amount and tenure and get an idea of the total interest amount and amount you must pay.
Need ₹100,000? Get the cash you need at low interest rates on Fi App
FAQs
Can I use this calculator for different types of personal loans?
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Know all about a personal loan.
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