An EMI calculator is a financial tool used to calculate the fixed monthly payment amount, known as the equated monthly installment (EMI), required to repay a loan over a specified period. Users input parameters such as the loan amount, interest rate, and loan tenure to determine the EMI. The calculator may also display a breakdown of the principal and interest components of each payment. It's commonly used for loans like home loans, car loans, and personal loans. Features: Input fields for loan