Flat vs Reducing Rate Calculator

Loan amount(₹)
500
Rate of interest (per annum)(%)
1
Loan tenure
0
Flat Interest Rate
Monthly EMI
1,20,000
Total interest
1,20,000
Total amount
1,20,000
Reducing balance interest rate
Monthly EMI
1,20,000
Total interest
1,20,000
Total amount
1,20,000
save amount
1,20,000
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