WebThe mathematical formula for calculation of Commercial loan EMI is: E = P * R * (1+R)^N / ( (1+R)^N-1), where; E is EMI (Equated Monthly Instalment) P is the principal loan amount borrowed R is the rate of interest N is the loan tenure in months Step by Step method of calculating EMIs using Commercial loan EMI calculator: WebMalaysia Personal Loan Calculator Features: Estimate monthly personal loan repayment amount. Generate principal, interest and balance loan repayment chart, over loan period. …

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