Money View EMI Personal Loan Calculator
.png)
When you plan to take a personal loan, understanding your monthly repayment commitment is crucial. The Money View EMI Personal Loan Calculator makes this process smooth and quick by giving you instant EMI estimates.
In this blog, we’ll walk you through what the tool is, how it works, and why you should use it before applying for a loan.
.png)
- What is the Money View EMI Calculator?
- How Does the Money View EMI Calculator Help You?
- Basic Formula Used for EMI Calculation
- What Details Do You Need to Use the Calculator?
- Why Should You Use the EMI Calculator Before Taking a Loan?
- Tips to Use the EMI Calculator Smartly
- Other Calculators You Might Like
What is the Money View EMI Calculator?
The Money View EMI Calculator is a free online tool. It helps you:
Find out your monthly EMI
See the total interest you will pay
Know the full amount you will repay
You just need to enter three things:
Loan amount
Interest rate
Loan tenure (in months or years)
And the calculator shows you everything in seconds!
How Does the Money View EMI Calculator Help You?
The calculator makes it easy to:
Plan your loan in advance
Check if the EMI suits your monthly budget
Compare different loan options
Save time with quick results
You don’t have to worry about complex math. Just fill in the details and see the result instantly.
Basic Formula Used for EMI Calculation
Though you don’t need to calculate manually, here’s the simple formula:
EMI=P×R×(1+R)N(1+R)N−1\text{EMI} = \frac{P \times R \times (1+R)^N}{(1+R)^N-1}EMI=(1+R)N−1P×R×(1+R)N
Where:
P = Loan amount
R = Monthly interest rate (Annual interest rate ÷ 12 ÷ 100)
N = Loan tenure in months
The Money View tool does this calculation for you automatically.
What Details Do You Need to Use the Calculator?
When you use the Money View EMI calculator, keep these details ready:
The amount you want to borrow
The interest rate being offered
How long you want to repay (tenure)
Once you fill these, you get your EMI in seconds.
Why Should You Use the EMI Calculator Before Taking a Loan?
Here’s why:
Know if you can afford the loan
Choose the best loan amount and tenure
Avoid future repayment problems
Plan your budget without stress
A few minutes on the calculator can save you a lot of money and worry later.
Tips to Use the EMI Calculator Smartly
Try changing the loan amount to see how your EMI changes
Test different tenures to find a comfortable monthly payment
Compare loans from different lenders by checking EMIs
Always pick an EMI that fits well into your budget
Other Calculators You Might Like
Besides the Personal Loan EMI Calculator, Money View also has:
Home Loan EMI Calculator
Car Loan EMI Calculator
Credit Card EMI Calculator
Loan Eligibility Calculator

Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Latest Post

Let’s be honest – life insurance planning isn’t exactly someone’s weekend hobby. It is the financial equivalent of flossing: we understand its importance, but we tend to put it off. But somewhere between balancing work and life, you might realise you need to have a solid plan in place – just in case.

If you think of life insurance, chances are you are picturing something people buy in their 30s or 40s. But what if you are 65 or older and just getting started? The good news is that you are never too late. Whether you are thinking of easing the financial burden on your family, covering final expenses, or simply leaving behind a legacy, there are life insurance options tailored just for you.
This article will be a guide to life insurance for senior citizens above 65 years, explaining why it is important, the type of insurance options, and how to get the right policy for you.

Health insurance plans are purchased with the hope of medical protection in times of need. However, sometimes it ends up being a source of surprise and disappointment. This mostly happens when people rush to buy health insurance plans, often overlooking essential aspects. Ignoring waiting period clauses, misunderstanding exclusions, and being unaware of sub-limits can lead to unwanted problems in the future.

If you are looking at investment policies offering INR 1 Crore in 5 years, we talk about some excellent plans in this post to help you choose the best one and reach your goal. However, it is important not to get swayed. Doing proper research and taking advice from financial or insurance advisors is important. Learn about such investment plan in this post.
The last few years have made it very clear that having health insurance is essential for everyone. Whether you are a young professional or a senior citizen, are single or have a family to support, health insurance cannot be ignored. Keeping this in mind, health insurance companies offer comprehensive plans that suit people with varied insurance needs.