Flat Rate vs Reducing Rate Calculator

Loan Amount


Loan Term ( in Months )


Flat Rate (per month):



Reducing Rate (per month):







Starting Date of EMI


Calculate

Here are your results

Flat Rate	10%
EMI	0
Total Interest Paid	0
Total Amount Paid	0

Reducing Rate	17%
EMI	0
Total Interest Paid	0
Total Amount Paid	0

Show Tables

Replayment Schedule: Flat Rate

EMI Number	Date of Payment	EMI Amount	Principle Repaid	Interest paid	Principle Dues Remaining

Replayment Schedule: Reducing Rate

EMI Number	Date of Payment	EMI Amount	Principle Repaid	Interest paid	Principle Dues Remaining