Entrifix / Borrowing
Reducing Interest Rate Calculator
Find the reducing-balance interest rate implied by your monthly instalment.
Your numbers
₹
0 ₹10,00,000 ₹
₹
0 ₹1,00,000 ₹
years
1 years40 years
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Annual reducing rate
11.51%
- Total interest
- ₹32,000
- Total repayment
- ₹1,32,000
Illustrative estimate. Fixed monthly payments. Fees, insurance and advance payments are excluded. This is not an APR calculation.
How the estimate works
Find the monthly rate that makes the present value of all EMIs equal to the loan amount.
Fixed monthly payments. Fees, insurance and advance payments are excluded. This is not an APR calculation.
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